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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 Wanderer1187on Dec 06, 2024 4:56pm
187 Views
Post# 36350257

RE:RE:RE:Any chance of this going back to $5+ ???

RE:RE:RE:Any chance of this going back to $5+ ???And Chris made very clear that they are working with the government to get the ITC and  structure it to ensure as much of the project qualifies as possible. Have the bank come in for 50-70% financing and offtake agreement financing to make up the rest if necessary.

There should be no dilution, but the expectation by the market of dilution and ways out of revenue is keeping the stock depressed. 

I think now is the absolute best time to buy. May be dead money, but even small things could raise the bottom by 10-20% here and there.
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