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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 GMonon Sep 15, 2021 12:47am
81 Views
Post# 33860139

RE:RE:RE:With the current share structure

RE:RE:RE:With the current share structureI love all this enthusiasm for E3, but I think we are getting ahead of ourselves.  I could see greater than $3.50 when they announce the success of the lab prototype, and greater than $5.00 when they announce the construction of the field pilot project.  Then it's onto $10, on favourable results from the field pilot. That gets us into a $500+ M market cap.  These, of course, are just educated guesses.  Only Mr. Market will tell us the truth.
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