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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 Apr 11, 2023 10:56am
120 Views
Post# 35388408

RE:Here's a question

RE:Here's a questionI think Chris has mentioned in the recent past that E3 has 'a few' signed MOU's. Regarding the others, recall that Standard Lithium (SLI) received a US$100mil investment from Koch in Nov2021 priced at over US$9.40/share. SLI is now trading about US$3.50/share so Koch probably not pleased at the moment. I think SLI's sp got way ahead of itself, but is also traded on NYSE so strong US exposure. E3's valuation, on the other hand, has not yet caught up to where it probably should be at this point. IMO it just means that E3's spring is just wound tighter waiting for the exposure that will come with field pilot success in a few months. Also IMO, look for an uplist later this year (NYMEX?) that would increase their exposure just at the right time. JMHO DYODD
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