RE:RE:E3 Lithium value of resourceAmen biscoman. You risk the absolute sh*t out of in every possible way and still end up with an sp over $1000 per share. Only thing missing is a bit more derisking and the market to wake up. I doubt that the US market will get interested while ETL is on this 'little league' Cdn venture exchange. Methinks they already have plans for the NASDAQ where IMO they will get the respect they deserve. JMHO
biscoman wrote: So 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