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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

Post by MrPeterson Mar 27, 2024 4:06pm
125 Views
Post# 35956426

Anybody.

Anybody.

Bin Around the markets for quite some time and have def. Lost my share of $$$$$ but the writing was usually on the wall and I was being told with some DD I was in trouble. But E3 has me baffled, what am I missing on the DD? It still seems to me 16+ MT of green Lithium in Canada should be a viable bet. Management always seemed to be on top of things and Chris is believable. Plus they have completed a Pilot Prj. With good results de-risking some of its concerns. 

Am I correct in putting this stock as undervalued?
Something is not adding up. 

gl

 

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