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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 > E3 has already signed some MOU's
View:
Post by Yajne on Mar 02, 2023 10:10am

E3 has already signed some MOU's

Fom the release, some offtake MOU's have already been signed:

Offtake Contracts: E3 is active in developing relationships with the battery and automotive industries as it moves through the next phase of project development in 2023. E3's strategy has been to develop meaningful agreements that provide binding provisions for the development of future sales contracts. E3 has signed non-binding Memorandums of Understanding (MOU) with battery and automotive manufacturers, however, has elected to keep such MOUs confidential to allow for the continued negotiation with additional parties

I also especially like this statement that suggests even earlier route to commercial production:

Working with E3's Significant Resource Base: E3's significant resources in the Bashaw District, and the untapped potential of the Rocky Area and north, may offer opportunities to partner with larger companies on developing its assets that may assist in securing funding and advancing its timeframes

Comment by NoBigDealbcl on Mar 02, 2023 10:28am
I wonder who they signed the MOU's with? 
Comment by UNKLAL on Mar 02, 2023 10:45am
I think if you look back to the circumstances surrounding the gov't. loan they rec'd. after the trip to South Korea you will have your answer!!!    JMO UNKLAL
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