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E3 Lithium Ltd. V.ETL

Alternate Symbol(s):  EEMMF

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.


TSXV:ETL - Post by User

Comment by SmilingDogon Nov 27, 2020 8:19am
126 Views
Post# 31987567

RE:E3 Metals stock is down 26.75% right now in Frankfurt

RE:E3 Metals stock is down 26.75% right now in Frankfurt
Tough to say whether that is a good proxy. Only 42k shares traded on that exchange. That's less than $30k so tiny amount of stock actually being traded. We'll see. My guess stock will be down but I'd expect there are enough rational investors in Canada (given location) who understand the situation and will buy the dip
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