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 > Ramblings of an Old Man

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Post by MrPeterson May 24, 2024 10:36am

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Post# 36055775

Ramblings of an Old Man

IMHO I am fully on board for E3 but do not see the SP taking off. I can see it hovering around the 2 bucks for some time to come. For sure the PFS will help matters, but until Capital $$$$$
Are in place there are a lot of Variables. Maybe an M&A would straightened it out. Who is going to be partners, where is the money going to come from? And gawd forbid a major ever dreaded PP. (not same I know but TMX just closed a 300million PP) until we see something actually in place this still remains speculation all around. I need a SP now of 3.00 to break even thanks to last October. It’s not gloom and doom, just IMO. Gl

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