E3 Lithium Ltd. V.ETL

O.K. To Invest Here .... But

[lastpick]

Remember this is a very high risk microcap with no moat (many others trying DLE) and a long shot to cross the finish line. So allocate your hard earned money prudently! GLTA

[MrPeters]

Thanks lastpick you made my day, never too old to learn. I never heard the term Moat being used in investing.  But would you not say E3's moat is it's 16+million tonnes of Lithium in the ground?? gl

[MrInvest]

It is a pure play with no moat for sure. It's either going to go well, or really bad. I think it will go reasonably well.  2024/2025 should be momentum years. 

[Jethro980]

I agree.  E3 is a junior and as such may work out and may not.  Lots of issues but I'm in long and as I've pointed out before can afford to take a hit but others who cannot afford a loss at this stage should not gamble.  The resource is there and it world class  and massive at 16 million tons.  The question is can it be mined efficiently.   I think it can and

[MrInvest]

There is no way this is a hundred bagger.  If you have numbers to prove that, please send me a message or post it here as I would love to see the numbers.  100% gain no problem, even 10x (i.e. 1000% gain...hard to see but possible).

[Jethro980]

I know there ifs and buts.  I'm thinking once engineering is demonstrated to work then it's only a matter of expansion of annual production with multiple sites producing. E3 had talked about 20,000 tons per year anyway so why would they not expand using multiple sites and get to 60000 tons per year. At 25k per ton this is 1.5 billion in revenue per year. 30 percent profit on 1.5

[MrInvest]

Some critical errors in your calculations there.  You need to calculate the present value of net profit, and then divide by the number of shares outstanding. Remember the share outstanding today will not be the number of shares outstanding after all that growth.mmthere will be significant dilution. I have not done the calculations on the full 16mt, but it's probably in the $35-40 range

[Jethro980]

I appreciate that but your numbers are very low. at 50 percent of resource produced which will be about the amount they can produce.  It is worth, assuming 25 k per ton. Is at 200 billion in value. I don't value the shares based on that though.  My previous numbers will suffice on an annual bases.  As far as dilution goes who knows, with right offtakes maybe we won't need to

[Yajne]

I'm in agreement Jethro980. The real question is time-frame to achieve. IMO, E3 will be taken out well before they achieve their potential organically. The massive resource will simply be too attractive for a major to ignore...it gives a potential suitor many years of production runway, all confined within a relatively small area, so many infrastructure efficiencies for future plants. It is