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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 DDGuy3040on Dec 12, 2023 11:25am
158 Views
Post# 35779975

RE:RE:$1.6 is next level

RE:RE:$1.6 is next levelPlease be mindful that I'm not a finacial advisor or a professional trader by any strech of the imagination. Do your own DD, I have a very small position left from the previous months, I don't mind the SP going donw so I can buy some cheap stuff and I plan on adding more BUT the technicals right now are holding me to do any entry. 
In the short term, there are no catalysts; the PFS and an investment decision for a large scale production facilities take time, possibly all of 2024. Unless this is being shifted by a takeover of E3 from IO. The sad story about the timeline is that E3 is a startup and doesn't pay any devidends so holding it brings no return. 
Please do your own DD.

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