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Bullboard - Stock Discussion Forum E3 Lithium Ltd. EEMMF


Primary Symbol: V.ETL

E3 Lithium Ltd. is a Canada-based development company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties 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... see more

TSXV:ETL - Post Discussion

E3 Lithium Ltd. > They need lots of money!!
View:
Post by Shackle12 on Feb 01, 2023 5:47pm

They need lots of money!!

In an earlier report "the Company expects to upgrade the resource from Inferred, to Measured and Indicated" after drilling results.

where does this stand.


also, they did produce controlled 20kg of sorbent.

But While the immediate need is to deliver large quantities of the sorbent material for the Company’s upcoming Field Pilot Project, the process methods developed can produce quantities of the sorbent required for commercial operations.
Is there anywhere this has been verified??

and finally not being an accounant and having looked at E3 figures.
Will they have enough money to get this where it is supposed to go....OR will ther be a big sell out the closer they get to fruition. 
lol... bin there... dont like that.
as always DD highly recomended.

 
Comment by NoBigDealbcl on Feb 02, 2023 12:17am
Yes they do!  I hope the measured and indicated report is out tomorrow morning. Sorbant and costs answer should all be in the PFS late 2023 I believe.  Will they dilute?  Who knows ... But. I think funding will be in place by the comericializion to cover costs, through stragitic partnerships.  Don't forget to take profits and yes always do your DD.
Comment by diamondlessnono on Feb 02, 2023 11:14am
Lots of inside selling. WHY?
Comment by biscoman on Feb 02, 2023 11:44am
Where do you see that? substaniate that comment.
Comment by Shackle12 on Feb 03, 2023 8:20am
I just thought 600+Million was a lot of money. GL
Comment by Shackle12 on Feb 03, 2023 8:34am
Sorry I just chked my earlier post. and think my post title and my brain are on 2 diff tracks. I meant probably trying to be funny that the GM 640M contract  being a great thing to wish for. They E3 need money is just my wishful thinking of something of this magnitude. hope thats clear as mud. GL
Comment by Yajne on Feb 02, 2023 10:23am
E3 is extremely well funded to build the field pilot and achieve all goals set through 2023 and beyond. They will have many options for funding their commercialization when their DLE technology has been proven at the field scale and the sp moves to a much higher level. The options include significant funding from offtake customers who will receive samples from the field pilot. GLTA E3 longs