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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

E3 Lithium Ltd. > The PEA is easily accessed on E3's website
View:
Post by Greatvac1 on Jan 02, 2021 10:08am

The PEA is easily accessed on E3's website

I took the following extract from the PEA , this part of the PEA was prepared by a Doctor of Chemical Engineering, Professional Engineer with 20 years of Project Engineering experience.

Also stated in the PEA is the need for flow testing to determine flow rates that can be obtained and which will be performed in 2021.

So, the clown poster can say just about anything it wants to until this study is complete. 

I am a small investor with a little, long ago experience in the oil industry, Mr/Mrs Clown what is your experience from?


Based on the large amount of geological data available from oil and gas operations in the Clearwater Resource Area, it is expected that lithium grade is consistent throughout the Clearwater Resource Area and that a series of wells, drilled specifically for the production of brine, would be capable of delivering 3,300 m3 /day per well. At an average grade of 74.6 mg/L lithium, the project will move just over 128,000 m3 /day of brine, with additional well production capacity in excess of this. As Direct Lithium Extraction (DLE) processing does not evaporate the water contained within the brine, the lithium void brine is returned to the aquifer through a series of injection wells. This re-injection of lithium depleted brine will serve to maintain pressures and brine production rates in the aquifer
Comment by GMon on Jan 02, 2021 12:58pm
Yes, I would totally agree with a Professional Engineer with over 20 years experience over a person with no credentials that just spews nonsense.  Let the PEA and results speak for themselves.
Comment by Greatvac1 on Jan 02, 2021 4:44pm
And yet the total operating costs are half of what the current cost of Lithium Hydroxide is at present.  What will the cost be when the internal combustion engine is on it's way out and EV's sales start to dominate? Lots of intelligent people say that battery materials will become more scarce as that revolution begins in just a few years.
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