E3 Lithium Ltd. V.ETL

Where is the government money?

[TheWokeLemming]

You would think that the Feds and the Alberta government would be tripping all over themselves to help E3 get to production and yet no new aid has been provided.   I'm wondering if the Trudeau Liberals are intentionally avoiding helping E3 in their attempts to build a lithium industry in Quebec?  As for Alberta, what is Smith waiting for?  Or is this a case of E3 not being able to convince them of their viability?

[Loughatorick]

I think that the governments will pony up as long as a 3rd party will also put up most of the investment capital. My recollection is that the federal and provincial governments invested $ 285,000 million into E-Molis $ 1,000,000 battery plant in BC. In Becancoeur, the federal and provincial governments provided grants for the GM/POSCO battery plant, but owners would put up majority of capital. E3

[MrPeters]

On an earlier post..My money def. On IO.

[Loughatorick]

Potential partners are keeping their cards close to their chests. Our declining share price and the decline commodity price doesnt help matters along. It has been 2 months since POSCO announced that they were considering investing in lithium projects in Alberta - they have invested in lithium projects in Argentina and Quebec, and coal mines in BC, but nothing said of Alberta. Imperial hasnt talked

[TheWokeLemming]

Maybe Alberta needs to remove them from the list of  potential investors if they aren't actually stepping up. 

[Yajne]

Exactly as I expected Loughatorick. No party is going to negotiate in public. I agree, the main players are keeping cards close to their chest. IMO some of these discussions likely started many months ago so I fully expect at least one suiter to show their cards during Q1, and that will make things very interesting. I don't believe all parties are waiting on publication of the PFS before

[Loughatorick]

Happy new year Yajne and all other E3 shareholders. I agree that there should be great interest in E3 by large companies with deep pockets because we have the largest deposit. There may even be a bidding war. Case in point is LithiumBank's Saskatchewan claim sale to  Pristine Lithium for $ 3,750,000 cash (plus shares and warrants) in July 2023 which was terminated in December 2023