E3 Lithium Ltd V.ETL

Alternate Symbol(s): EEMMF

Metals & Mining Industrial Metals & Minerals

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.

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E3 Lithium Ltd > Comparing to others

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Comment by ndiamondon Jan 20, 2021 2:42am

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Post# 32331298

RE:RE:Comparing to others

ETMC. Buy and Hold.

ndiamond wrote (updated):

ETMC could easily be worth $8.00 per share. I think it will get there. The lithium resource is so massive. Huge opportunity to increase resource even more. Location/juridiction in safe Alberta. Great infrastructure already in place. Only 41 million shares issued ($60 million market cap). Has a larger lithium resource than SLL...

Closest comparison - Standard Lithium (SLL) over $550 million market cap.

Take a look at the chart on LAC. Was $2.90 in March (yes 10 months ago) - now $34 with a market cap over $3 billion.

ETMC -- has massive upside in valuation from current level. Ridiculously cheap compared to peers.

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