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 > Apparently musks new

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Comment by MrInveston Dec 17, 2024 6:53am

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Post# 36365667

RE:RE:RE:RE:RE:Apparently musks new

Funny enough, 4-8 was where I pegged it 1.5 years ago. It depended on the capital structure of the company, and a equity raise around the $3. I think that 4-8 range is out of date. My DCF analysis points it closes to $2 to $3, hense why I am holding my last 50%. Good luck everyone, this will be a dog for a few years yet.

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