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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 Yajneon Oct 07, 2021 2:32am
165 Views
Post# 33978599

RE:A Brilliant Story unfolding

RE:A Brilliant Story unfoldingThanks AuAgLi8 for your great post. Agreed that this is a great story and one of the best 'under the radar' investment opportunities in this space. As is typical with a company developing new technology in a high tech space, E3 has been pressing forward to prove up to 'scaleability' of their extraction tech which has already been proven in the lab and now will be proven in their 24/7 pilot prototype plant under construction and expected to be operational before the end of October, less than 30 days from now. When they prove success in the pilot prototype, IMHO things get really interesting with potential suitors who are fully aware of E3 but waiting in the wings until E3 shows success at scaling their DLE tech. I might add that E3 is currently well capitalized into 2022 and their is no urgency to raise funds, until they pursue full commercial production. IMO there will be a major 'event' befpre E3 proceeds to full production, and it will result in a major upward SP move. 


AuAgLi8 wrote: -As the world fundamentally changes from combustion engines to electric propulsion E3 Metals is poised to become a definitive  leader in the lithium production space.
-The magnitude of this story is almost incomprehensible.
-Chris and Liz and a small number of believers started on a journey about 5 years ago ,when few would listen ,struggling and battling  to get any recognition.
-The plan was to build shareholder value by derisking a large undeveloped  lithium resource.
-E3 continues to deliver on its methodical plan to produce highest quality  Lithium Hydroxide ( or whatever an end user might need) from the Leduc and Nisku reservoirs .
- This story continues to unfold and the stage is set for E3 to garner significant returns multigenerationally for its shareholders.
-DLE will be the technology of choice to develop lithium brine deposits and E3's proprietary DLE process is shaping up to be the best of the best.

ETMC is notably undervalued at $99.9 million Canuck dollars.

-Draw Your Own conclusions.




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