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 > Hasta La Vista

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Comment by Shackle12on Jul 12, 2024 8:43am

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Post# 36129832

RE:RE:Hasta La Vista

Was going to say yesterday but forgot, so before I go.

They are using an estimated number based on Benchmark Mineral Intelligence’s price forecast 20k-25k range which is acceptable. the IRR calculation is based on the assumption of LHM price, which is $31K used in the PFS, and nearly 3X current LHM price which is highly speculative. Chris tried to gloss over the workings of the estimation but I don’t think it flew.

But as Chris said. production won’t be until late 2027
so who knows

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