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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

Comment by tiger6301on Nov 23, 2020 12:27pm
152 Views
Post# 31952874

RE:RE:RE:SLL on a tear

RE:RE:RE:SLL on a tearI have been watching E3, and become E3 metal investor.

IMO, ETMC is under valued, in comparison with SLL, so we have more potential to be much higher, after closing the financing.

I would say, it's a smart move by the management to raise more funds for the next level of development. Any mining companies will need to raise money for its developments, smart management raises funding each time at higher share price to minimize dilution.

I am not trying to promote other stocks, but Neo Lithium (NLC) is my bigest holding.  The link is an artcile, and just want to share infomation, and do you own DD.

tiger

 
https://investingwhisperer.mobi/2VGg1?gclid=CjwKCAiA7939BRBMEiwA-hX5J2fG-L2rSP8hJ3Tuzi-l9B4N6wCwvv-ugH3pBHWK37R_abVY9hyE4RoC0YkQAvD_BwE#https://investingwhisperer.com/best-lithium-play-in-world-lowest-valuation/
 




GMon wrote: The valuation gap is so big that it doesn't make sense.  I personally think SSL is overvalued at this point, but it does show us where ETMC could go to.


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