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 > An ETMC look at things ...

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Comment by ndiamondon Feb 04, 2021 2:58am

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Post# 32467640

RE:An ETMC look at things ...

I completely agree with you on this...ETMC could very easily support a $5.00 share price -- and it would actually still be undervalued vs. the peer group.

A $5.00 share price would put ETMC at market cap of $235 million. SLL has a market cap of $500 million. ETMC has a larger lithium resource then SLL.

As such $8.00 is more the target that I see. $12 -- possibly could be achieved by the end of this year.

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