RE:RE:RE:RE:Today Investor Webinar: E3 Metal Corp. Hi GMon,
Thanks for the summary.
From the list, I like the No. 4
. Yes, looking at other Brine opportunities, possibly outside of Alberta. The reason is their brine grade is just too low, therefore the CAPEX is too high. Without a big financial backer, this project will not be developed unless lithium is high enough to justify the cost. I am more keen on their DLE technology. If we can partner with South American Brine producers/developers, even it is an average project, with the DLE, it will become an excellent project.
tiger
GMon wrote: My takeaways from yesterday's Webinar:
1. Mostly a review of the PEA results.
2. The Livent withdrawal has not changed their 2021 plans. Still focused on the constuction of the Pilot Plant and upgrading the resource to M&I and reservoir parameters.
3. Will be looking at opportunities for a new strategic partner, but they are now in a stronger negotiating position for a better deal.
4. Yes, looking at other Brine opportunities, possibly outside of Alberta.
5. Have talked to off-take contacts, but substantial negotiations with potential partners cannot really start unitl the PFS is completed, scheduled in 2022.
6. Production of battery-grade Lithium Hydroxide in 2024 is still realistic.
7. 2021 is a KEY year year as it will lead to the PFS in 2022 where a production decision will be made.
8. Current financing is still open and will close strong. Management is still strongly behind behind the project. Chris said he owns 1.1M shares