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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 TheWokeLemmingon Dec 13, 2023 8:29am
243 Views
Post# 35781697

E3 16 million tonnes of lithium worth $10 a tonne.

E3 16 million tonnes of lithium worth $10 a tonne.

Actually less since that would be $160 million dollars and current market cap is below $150 million.  

But of course where share price is at has everything to do with market conditions and nothing to do with E3 management doing a 3.55 offering or selling hundreds of thousands of shares since.  

YAY TEAM.  CIS BOOM BAH!

Like I said earlier, if E3 gets taken out for $3 or less, will all the cheerleaders still be singing praises for Chris and Co?  Funny how nobody wants to answer that one. 

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