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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. > trading at 1.64 and exercise price of $1.70 per share
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Post by Jethro980 on Mar 05, 2024 9:20pm

trading at 1.64 and exercise price of $1.70 per share

The Company has granted Ms. Savage 300,000 incentive stock options (the “Options”) exercisable to acquire up to 300,000 common shares of the Company at an exercise price of $1.70 per share.  She would have inside knowledge of the potential of this project.  This is stunning news. 
Comment by TheWokeLemming on Mar 05, 2024 10:40pm
  I'm generally not a supporter of Executive compensation, but in this case I do believe it's well worth it.  This is a strong statement. Should we expect an announcement from the Provincial government in coming months?   I believe so.  
Comment by Jethro980 on Mar 05, 2024 11:05pm
Personally I'm not interested in gov announcements. Gov can throw all they want but in end this has to fly on it's own as a corp entity able to generate massive revenue from the lithium.   Savage joining board to me speaks of the potential business case.  
Comment by britishracer on Mar 06, 2024 8:57am
Provincial government participation in the building of the commercial facility is a sine qua non condition to get this project out of the starting blocks. E3 would be the first operational facility producing lithium from brine with DLE in Canada and one of the precious few in the Americas to join the North American battery supply chain. Infrastructure is getting built in the eastern part of ...more  
Comment by TheWokeLemming on Mar 06, 2024 9:29am
Agreed.  Government investment would dramatically improve our share price here in my opinion.    
Comment by MrPeters on Mar 06, 2024 9:43am
Gov. money would be better than none.  but I would rather see one of the big boys get involved and leave Gov. money out of it.  Many years of watching Gov. getting involved in private business is the companies do not do well. Hell look at the Cannabis business. LOL the Gov. is first drug dealer to go in the hole. Mostly everything they get involved in turns to Sh*&. Just IMHO gl
Comment by MrInvest on Mar 06, 2024 11:59am
"Government is the first drug dealer to go in the hole"....that made me spit my coffee across the table.  That being said, I made $20k in my TFSA back then when pot was being legalized. That's chump change today but the TFSA was only 7 years old back then. I plan on doing the same thing with E3 but with a much larger pay day hopefully. 
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