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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 Opttrdr72on Feb 22, 2024 3:56pm
113 Views
Post# 35894214

RE:RE:RE:The pressure is proven. Can add polishing steps

RE:RE:RE:The pressure is proven. Can add polishing stepsAggressively ursuing non dilutive funding.  Grants, partners , etc.  from the start they've said expecting 60-70% bank financing. So am expecting that.  Off takers and potential partners are aware of PFS details we are not privy to under confidentiality agreements as per the call. We will be the last to know but positive developments on the horizon.  Third party DLE allows for guarantee which makes it easier for financials as noted during the call. Also still a relationship with Imperial which Chris couldn't expand on due to confidentiality.  Did mention in the same breath noting recent Exxon investments into Lithium with them owning a majority of Inperial.  My belief is that the call gave us as much as could be allowed at this point but see this steadily going up aside from lithium market prices. They seem to have stabilized/ bottomed? 
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