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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 MrInveston Feb 21, 2024 11:56am
81 Views
Post# 35891058

RE:RE:Looks like

RE:RE:Looks likeThere is no way this is up and running in 2026.  Detailed Engineering and Construction will be at least 2.5 years minimum. They still have to raise the capital.  All signs showing green so far, but it's going to cost time and money and a lot of bumps along the way. Those with patience may be rewarded, those that don't will be part of the problem along the way. I personally increased my position on this and it's all in my TFSA.  I hope I don't get a hammer to the face as I have been holding for years on this one. 
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