E3 Lithium Ltd V.ETL

Alternate Symbol(s): EEMMF

Metals & Mining Industrial Metals & Minerals

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.

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E3 Lithium Ltd > Shame on management for dragging it down this far

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Comment by PuerSimiaon Nov 29, 2023 3:52pm

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RE:Shame on management for dragging it down this far

$4 is optimistic, but I would take that too. I'd take $3, which would still give me a substantial loss. I bought into the data they provided, and the market went the other way.

Wouldn't it be (not) funny if Chris were to buy a ton of shares at these basement prices? I'm not sure how I'd feel.

Maybe the Company should issue an NCIB if they believe the shares are undervalued. They have a pot full of cash. Why not?

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