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Bullboard - Stock Discussion Forum 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... see more

TSXV:ETL - Post Discussion

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Post by SmilingDog on Nov 16, 2020 12:34pm

PEA

Very attractive after-tax NPV and IRR + VERY LOW operating costs at $3,656 vs. $4,300 for SLL. 

Keep in mind that this is only the PEA - as R&D continues, costs and capex commonly come down, improving the economics. Plus, as we all know, a lot of room to increase resource size, which would improve economics if they increase annual production with it. 

A very strong starting point (and even ending point if that was the case) in my opinion.
Comment by Beaubie on Nov 16, 2020 12:37pm
I guess this is why the webinar later this week.
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