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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 Beaubieon Jan 30, 2021 7:02am
238 Views
Post# 32427509

Next 6 months

Next 6 monthsI believe that you see some big players start to buyout juniors in the next 6 months. I do not believe E3 will be one of them just yet. I think once the pilot is operating it could be one ofthem. But what the potential buyouts will do is drive up all juniors in this space. I am hoping we see irrational valuations like we saw in 2018 for pot companies.
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