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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 Yajneon Oct 16, 2023 10:19pm
87 Views
Post# 35686498

RE:RE:waiting for under $2.5

RE:RE:waiting for under $2.5 After seeing Chris' latest interview, I interpret his 'very soon' comment to mean late this week for KPI's, or early next week at the latest, but that's just my guess. They know the KPI numbers internally, but it seems they're just being completely thorough with their due diligence on the numbers before releasing.

I also think Chris was 'telegraphing' a bit in the interview...even before the final KPI results announced. Several of his comments suggested that the pilot was performing better than expected and his comment that they're now considering a 25-30 TPA commercial plant, instead of the 20 TPA plant that they anticipated when the PEA was prepared 3 years ago, speaks volumes to me. Confidence!
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