RE:RE:RE:RE:Meanwhile ,back at the ranch...Further to your comments AuAgLi8, it must be noted that E3 is extremely well capitalized with no need to raise funds until they are ready to pursue the full scale plant.
Cash on hand June 30...$14.7 mil
In the money warrants.....$7.8 mil (all expire on of before Feb 2023)
Imperial investment.........$6.3 mil (plus $6.3 mil warrants exp July 2024)
Capex this year......... ~($15 mil)
IMO they have cash through at least the end of 2023 when the SP should be MUCH higher. E3's strong financial position also helps me to sleep easy....
quote=AuAgLi8]- I am Very optimistic .
-Koby at Red Cloud has guidelines to follow . I can dream a longer time frame dream. I believe E3 represents a multi-generational , transformational opportunity to the new world of battery transportation and energy storage. Can You imagine buying into the Saudi Oilfields at the time of discovery and holding a position.
-Chris and His Team continue methodically to de-risk the project. Chris leads with thoughtful consideration to future end customers needs and patient , skillful value building for shareholders .
-Few hurdles are left but there is still mitigated risk. Successful operation of the field pilot plant is , in my opinion , the last significant hurdle for E3's technology .
- Chris has stated that production of high quality lithium products is the focus of the company and He will use the Best tools available to make this happen.
-There is no doubt in my mind that E3 has a world-class deposit of a commodity that will be in undersupply and over demand for years to come.
-The jurisdiction and infrastructure are superlative.
-The Government is supportive.
-The Quality of the E3 Team is undeniable.
-These are facts that help me sleep easy.
- I am a long term player . I have been in since demand was questionable and commodity prices were below $10,000. a tonne.
-I continue to accumulate shares.
Draw Your Own conclusions. [/quote]