Post by
donteatbeyond2 on Dec 18, 2023 8:10pm
Government funding audit
Clearly ETL's DLE technology either doesn't work or isn't commercially viable; if it worked, they wouldn't be testing third party dle tech and have chosen a technology for their PFS already. Look at the third quarter - they spent more money on marketing than on R&D...a non-generating revenue company spending $2 million in the first nine months on marketing!! Tax payers should demand that the Canadian Government (SIF) and Alberta government (Alberta Innovates) needs to audit these grants and where the capital is being deployed. The Board needs to put in place a CEO with actual business acumen and actual experience....can't wait for the AGM.
Comment by
donteatbeyond2 on Dec 18, 2023 9:39pm
Resource is irrelavent if the technology doesn't work.....what I'm getting at is that the Canadian Govt and Ab Govt has given tax payers money in the form of grants to develop the technology. Do your DD
Comment by
donteatbeyond2 on Dec 18, 2023 9:48pm
You should stop posting. Sounds like you work for the company or know someone that does.....hope the securities regulators look at your posts
Comment by
Yajne on Dec 18, 2023 11:38pm
Huh? Securities regulators? Bring it on junior. E3's DLE tech works, or at least far exceeded their KPI's However, they are working in their shareholders interests by investigating what might be the DLE tech that gets MAXIMUM value from their world class Li resource. Give your head a shake sonny
Comment by
donteatbeyond2 on Dec 19, 2023 4:59am
I'll type slow for you to understand. Have you read the PEA or presentation? If everything actually works out and they start producing commercially at the end of 2026 or begining of 2027, its a 3.4 year payback....they wont even breakeven this decade.
Comment by
MrInvest on Dec 19, 2023 12:04pm
Your Mom just called, dinner is ready honey. Tonight you eat Equity Analysis soup. Make sure to eat it all as you appear very hungry.