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 > Interesting takeaways if I have ithem correctly?

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Comment by Yajneon Sep 23, 2021 12:27am

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Post# 33903503

RE:RE:Interesting takeaways if I have ithem correctly?

....bump. Need something 'real' here after all the negative cr*p posted in the last day or two.

Yajne wrote: Agree with youAuAgi8. E3 is severely undervalued but IMO this all changes when Pilot Prototyle is operating 24/7 and proves the next step of commercial scaleabilty. IMO it is at this point that things get really interesting for the discussions they've confirmed are already underway with offtake and/or strategic partners. An excerpt from yesterday's NR when Chris states:

"....we look forward to continuing to update the market on our progress and we expect a very exciting fall."

Chris knows the current state of discussions which he obviously could not elaborate on in the webinar without NR, but IMO a key driver will be a successful Pilot Prototype which will provide a key benchmark of performance for potential suitors/partners. I expect a new sp level by YE 2021.

AuAgLi8 wrote: -Raymond Chow illustrated a comparison to Standard Lithium ,after meeting certain milestones ,putting a $20.00 per share valuation on E3 based on 20,000 tons per year production but also that production is scalable to 150,000 tons per year after proving up the concept.
-I also like that E3 is looking at multiple ways to finance this to production and have been actively in talks on several fronts.
-All levels of Government are supporting E3.
-ESG is priority.
-PEA shows E3 will be a low cost producer .

-Dramatically undervalued.

-Draw Your Own conclusions.