E3 Lithium Ltd. V.ETL

Alternate Symbol(s): EEMMF

Metals & Mining Industrial Metals & Minerals

E3 Lithium Ltd. is a Canada-based development company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions. Its technology reduces volumes of low-grade brine into a high-grade lithium concentrate, removing nearly all impurities. This produces a clean product for the development of high purity lithium compounds used in Li-ion batteries. The Company has measured and indicated lithium resources in Canada, with 16.0 million tons (Mt) measured and indicated Lithium Carbonate Equivalent (LCE), hosted in the Leduc Aquifer. In addition, it has 0.9 Mt of inferred mineral resources in its Rocky Area.

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E3 Lithium Ltd. > Valuation on Oct.27/2020

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Post by Gravitymatterson Oct 28, 2020 2:48am

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Post# 31793959

Valuation on Oct.27/2020

- When You look at the valuation of E3 based on tons in the ground We closed at about $ 3.25 Canadian per ton in the ground.based on existing resource calculation which I believe has the ability to expand Signifcantly.
- E3 owns 100% of its resource
- Standard Lithium (SLL) closed at $ 96.00 Canadian per ton in the ground
-SLL does Not own 100% of their resource
- Would it be prudent to extrapolate E3 is undervalued ?

- I'm hanging around

-Draw Your Own conclusions

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