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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 AuAgLi8on Oct 08, 2021 6:37am
210 Views
Post# 33987497

Roth -Finally some coverage

Roth -Finally some coverage -Roth has supported  and followed 2 other DLE projects .
-ASX listed Lake Rresources (LKE -ASX) with a closing market cap of $653 million Canuck dollars and Standard Lithium (SLI-V) with a closing market cap of $1.034 Billion Canuck dollars , both off their respective highs by more than 15% by the way.
-This bodes well for ETMC-V with a larger !00% owned resource and 100% owned proprietary DLE process. Both SLI and LKE  use technology owned by Third parties.
-Roth will upgrade its $4.50 target price in November.( Just my thoughts.)
-E3 continues to be notably undervalued even after its 11% increase in price yesterday.
-E3 market sits at $111 million Canuck dollars.
-Echelon and Canaccord missed their opportunities ,leave it to an American firm to appreciate the value E3 offers .

-Hopefully the federal government supports E3's Canadian project, in Canada ,run by Canadians, since it looks like Export Development Canada is going to support Australian Listed Lake Resources with their Argentinian based resource to the tune of up to $100 million U.S. dollars ( More than E3's entire market cap at market close yesterday).
-The Alberta provincial  government is showing Tremendous support.
-Mr Doornbos and His A+++++ Team continue to Derisk and Execute .

Draw Your Own conclusions.
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