Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by donteatbeyond2on Aug 22, 2024 2:47am
232 Views
Post# 36191223

Smart money continues to exit E3 Lithium

Smart money continues to exit E3 LithiumThe recycled fluff press releases they've put out this year don't fool the smart money. Fundamentally, E3 won't be profitable for 8 years at the earliest (assuming construction in 2027/2028 with a 4 year payback)...also assuming pie in the sky assumptions of their PFS. They are land rich and technology/production poor - they don't have a DLE technology so it doesn't matter they want to make batteries if they can't economically produce lithium. E3 Lithium is just smoke and mirrors - it shouldn't take you 15 years from inception just to breakeven. Get out before it hits $0.10. Don't believe me, then just ask the company when they expect to turn a profit...not revenue, but be profitable....not this decade
<< Previous
Bullboard Posts
Next >>