E3 Lithium Ltd. V.ETL

Alternate Symbol(s): EEMMF

Metals & Mining Industrial Metals & Minerals

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.

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Comment by TimeTooSoaron Apr 26, 2024 3:32pm

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Post# 36010100

RE:RE:RE:RE:What

I don't mean to hurt feelings. Just trying to keep it real.

Everyone needs to try to be patient until the PFS comes out. They are targeting by end of q2. So don't expect much news until that comes out in late June.

It is boring until then but an indicator you can watch daily is the lithium hydroxide price.

https://www.lme.com/Metals/EV/LME-Lithium-Hydroxide-CIF-Fastmarkets-MB#Trading+day+summary

and

https://www.metal.com/Chemical-Compound/201102250059

Other than these daily you can watch stay tuned into the macros on electric vehicle sales. I got a big vote of confidence from listening to the Tesla conference call.

1) more units should be sold this year then last year
2) energy storage business should grow 70%
3) accelerated model 2 timeline.

Another catalyst is if tik tok gets banned. Maybe china retaliates by not letting tesla china sell its cars globally. Making western lithium prices soar. As tesla's other plants need to fill the void. Lots of potential political stuff could happen.

Good luck to all Longs. I'm adding on weakness.