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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 MrInveston Jun 19, 2024 3:43pm
126 Views
Post# 36096566

RE:RE:RE:RE:RE:I Don't Know

RE:RE:RE:RE:RE:I Don't KnowIf that is the case, things are a little out of sync. And unless the TSXV is perfectly efficient, the share price would not be sinking.  We know from last year there are leaks as E3 started to bust a move before things were made public. The fact that the SP is sinking coming into PFS is not a good sign, neither is the equity issue for PSUs, Options, etc. My bet are on significant share dilution at low share prices. It's always been my worry and the CFO gave a slimy response in the last shareholder call. 

It's too soon to dump and risky to buy. Just need to wait it out. 
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