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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

Post by My19sixyNineZon Nov 13, 2023 11:24pm
243 Views
Post# 35733506

Do math in reverse with 15.6 for PFS...

Do math in reverse with 15.6 for PFS..."With anticipated production of 20,000 tonnes of LCE per year, the project will need to flow massive amounts of water, more than 282 million barrels per year, or about 845,000 barrels per day."

From a random mid 2022 PDF on different Alberta companies.


Outstanding reverse math on 20k tpa Capx/Opx.

Like Chris says, the 25.3% is not close to flow importance & it get's worked again, anyway, on way to LHM.


We own the only confirmed Leduc resevoir Li, data.
With a sucsseful, in-house DLE.


Can't wait to see the PFS adjustments!! 

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