RE:Smart money continues to exit E3 LithiumBe careful, some people don't like facts around here and wish to brush off those with facts that lead to negative opinion on E3.
The fact is:
1) E3 will not have a built plant until 2029...that's justs project scheduling and Alberta winters.
2) E3 does not have the cash on hand to build this demo, it's going to come from somewhere and if it's not debt or grants, it's coming from equity....shareholders suffer.
3) E3 is not attracting talent on the ground level...the board does not create assets, they provide direction. E3 CEO is micromanaging.
4) E3 has tons of lithium that could provide great cashflow. A four year payback is great and is dependent on a lithium rebound and the capital build being done without significant dilution.
5) PV calculations under normal assumptions of 40% debt and 60% equity show E3 share price to be sub $5/share.
Good luck to all. I am hoping for a run up so that I can dump my other half and NOT take any loss overall. Actually, I would make a profit.