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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 PuerSimiaon Oct 11, 2023 4:25pm
128 Views
Post# 35679467

RE:$2.5 is next level

RE:$2.5 is next level This one is hard to call. Technically, looking at the chart, I think you're probably right. I say probably, because we really need to get the "absolutely critical" Flow Rate KPI out of the way before it drifts to $2.50. I really don't like these binary plays. They're fantastic when they work, but they can be a disaster when they don't. Chris has been completely open about the results to date (IMO), and he's been more than clear about the importance of the Flow Rate KPI (e.g. "absolutely critical" is what he said during the Investors Day presentation), which is good. I can only assume Caroline hasn't processed all of the data yet, for the 3 possible DLE technologies they're evaluating. I guess it's like my good buddy said: "Do I feel lucky?" Well, ...
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