RE:E3 Lithium value of resourceSo lets assume that only HALF of that lithium is recoverable ... 1.7 Trillion becomes 900 billion.
Lets assume that E3s technology doesn't work ... but, they still own the lithium. They turn to technology that DOES work (IBAT, Livent, Lilac) but those companies want 50% to use their tecnology: 900 billion becomes 450 billion.
Lets assume that our friends in Alberta and mother Canada decide to tax it by 50% ... 450 billion becomes 225 billion.
Current market value of 100 million becomes 225 billion, but by that time the value of lithium drops by 50% ... becomes 110000000000.
Thats 1100 x the current market value ... 1100 times the current stock price.
Lets say I'm wrong by 50% ... I'm still a happy camper