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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 ratpoysenon Dec 28, 2020 2:54pm
252 Views
Post# 32188229

RE:RE:Preliminary Economic Assessment Report is complete nonsense

RE:RE:Preliminary Economic Assessment Report is complete nonsenseWhy don't you read the "report" and compare their claims against historical production records.

There is no way they can produce the wells at the rates they are predicting, and they know it.
If they don't know it, then it's convenient incompetence, otherwise it's a lot more serious still.

But I agree they should be reported to the authorities. This is way beyond APEGA's mandate.

However, it's your money... so please feel free to flush your money down the toidy.
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