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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

Post by ratpoysenon Dec 28, 2020 2:02pm
306 Views
Post# 32188000

Preliminary Economic Assessment Report is complete nonsense

Preliminary Economic Assessment Report is complete nonsenseHard to believe these clowns have the audacity to publish such misleading garbage!
Somewhere around 90% boilerplate horseploppings combined with aromatic bullship.
 
I suppose they must be assuming 200% porosity with a 250% lithium recovery factor.
Either that, or they believe they can actually get away with these preposterous claims.

After all, Sonya and her team bought into this nonsense. In fact they're promoting it...
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