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E3 Lithium Ltd V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based lithium resource company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company’s Clearwater Project is located between Red Deer and Calgary 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, removing nearly all impurities. This produces a clean product for the development of high purity lithium compounds used in Li-ion batteries. The Company has measured and indicated lithium resources in Canada, with 16.2 million tons (Mt) measured and indicated Lithium Carbonate Equivalent (LCE), hosted in the Leduc Aquifer. In addition, it has 0.9 Mt of inferred mineral resources in its Rocky Area.


TSXV:ETL - Post by User

Bullboard Posts
Post by Gravitymatterson Sep 19, 2019 8:43pm
198 Views
Post# 30145819

Answers to questions posed to me

Answers to questions posed to me- Paul Graves , Livent's CEO , has a background and education in finance and accounting. He is fiscally responsible and astute, This joint venture was NOT made rashly or spur of the moment .
 Livent would have done a great deal of due diligence . Livent is a multinational  Lithium specialist company.
- This is New Technology ,Standard Lithium is on a similar Techology track . They are slightly ahead of E3 in implementation with 30% of a much smaller resource . Their partner is Lanxess ,a Chemical company that controls the brine asset. Lanxess has no lithium experience to speak of.   -Market cap for Standard Lithium is over $70,000,000.00 with 87,000,000 shares outstanding 
-E3 has a market cap of $12,036,000 with 25,073,985 shares outstanding
-draw Your own conclusions
Bullboard Posts