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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 Nov 01, 2021 2:38pm
193 Views
Post# 34074192

RE:RE:Volume

RE:RE:VolumeThey had just over 11 million warrants o/s on latest financials (June30) with an avg strick price of $1.49 (highest strike was $1.65), all solidly in-the-money. Total volume on all exchanges during past two weeks exceeded 10 million shares (see below), of which IMO a healthy percentage were churned to exercise warrants and ride 'free' shares. Situation was absolutely ideal for this. So I agree, I too don't think there are many warrants left, but we'll have to wait until Q3 financials (Nov 30) to find out. I expect Q3 will also show a healthy 'cash on hand' balance despite costs for the pilot prototype, maybe even higher than the $13.6mil reported on June30. JMHO.

Date Ex Sym Open High Low Close Chg Total Vol #Tr Bid Ask V-TSX-V U-NEO ATS A-Alpha O-Omega P-Pure X-Chi-X H-CX2 D-CXD L-LiquidNet M-TriAct I-Instinet Y-Lynx
2021-10-29 V ETMC 3.05 3.08 2.87 2.93 -0.03 375,749 985 2.91 2.98 162,901 86,600 38,400 8,800 3,922 5,800 36,904     30,988    
2021-10-28 V ETMC 2.74 3.07 2.67 2.96 0.21 758,224 1,427 2.96 3.00 431,562 111,500 47,200 3,900 4,626 33,200 111,425     14,086    
2021-10-27 V ETMC 3.30 3.30 2.75 2.75 -0.47 1,552,455 4,387 2.75 2.85 788,457 284,200 119,800 25,500 13,486 42,700 156,986     104,886   3,200
2021-10-26 V ETMC 3.42 3.49 2.97 3.22 -0.12 1,362,850 3,574 3.13 3.22 665,291 243,500 128,100 900 10,110 50,400 149,303     92,927    
2021-10-25 V ETMC 3.35 3.44 3.33 3.34 0.06 1,265,284 2,470 3.34 3.35 744,233 143,750 68,400 500 5,426 50,100 122,415     124,320    
2021-10-22 V ETMC 3.04 3.33 3.03 3.28 0.27 725,108 1,771 3.28 3.29 398,093 130,600 73,800   4,310 7,100 90,231     19,362    
2021-10-21 V ETMC 2.86 3.02 2.84 3.01 0.18 624,948 1,453 3.00 3.01 351,267 106,200 57,600 1,500 4,056 12,300 73,471     16,154    
2021-10-20 V ETMC 3.00 3.04 2.72 2.85 0.06 1,286,989 3,004 2.82 2.90 713,943 220,800 91,400 3,700 28,360 44,800 148,735     31,699    
2021-10-19 V ETMC 2.74 3.15 2.67 2.79 0.09 1,536,490 3,235 2.73 2.82 792,956 245,300 143,400 7,000 8,396 80,000 189,919     56,207    
2021-10-18 V ETMC 2.50 2.78 2.46 2.70 0.23 888,918 1,614 2.69 2.70 515,941 143,750 89,600 600 2,180 31,400 87,503     17,769  

Bookworm28 wrote: Price is holding pretty good. It would be great to know how many warrants are left. I don&#39;t think there<br /> are many, as the number of shares outstanding have increased a fair amount since Feb of this year,<br /> when the warrants were all listed.<br /> <br /> It would be great to get some kind of count from the company to confirm however. Chris, are you listening;-)


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