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.

TSXV:ETL - Post by User

E3 Lithium Ltd > hate to say it

<< Previous

Bullboard Posts

Next >>

Comment by MrInveston Aug 01, 2024 12:33am

149 Views

Post# 36157591

RE:RE:RE:hate to say it

I cannot rember the exact number but I believe I saw and heard it in the PFS presentations and damage control meeting a few weeks back. It's not excessive burn rates but Chris spoke about further spending after the summer break so I expect a raise in 2025. It's not like you can run into a wall, these raises need to happen in advance to maintain liquidity.

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant