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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 Greatvac1on Jan 27, 2023 12:55am
322 Views
Post# 35249494

RE:ETL

RE:ETLI thought we would get a big jump last fall, a bit of a delay.  They will have to run the pilot plant for a few years, hopefully a quick offtake agreement shortly after the pilot plant is commissioned.  There will also be interest in trying other's brine after a time which could add revenue or partnerships.

I don't see any cons except the share price just for the comfort level as I don't anticipate selling before some of this happens. Day trading seems short sighted, hopefully that is over for now.
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