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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 Loughatorickon Dec 05, 2023 7:20pm
111 Views
Post# 35770088

RE:RE:RE:Just Another Non Advent NR

RE:RE:RE:Just Another Non Advent NRThe life of the mine will be much longer than 20 years if production is restricted to 20k tpa.
In the recent Bloor Street podcast, Chris stated 25-30 year production run at 150 k tpa (5 plants).
So the share price should be well over $. 4.00 per share.

I am also putting this stock in the 'do not open until Christmas 2025' file.
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