E3 Lithium Ltd V.ETL

Dumb question and too lazy to google

[MadMaxPerf]

It when do they qualify to go to TSX and to NYSE?  Over a buck for a given time ? 

that could be interesting on the share price as well.

[ndiamond]

I think Nasdaq is $3.00 E3 should be able to get there...and higher.

[Yajne]

NASDAQ listing requirements Several different ways that a company can qualify for NASDAQ. Note that all are USD https://listingcenter.nasdaq.com/assets/initialguide.pdf

[whateveryousay]

We may make NASDAQ but will need to start producing first or a huge capital input from a major.

[Yajne]

I continue tp believe a take-out well before ETMC starts producing anything. JMHO

[UNKLAL]

If there is a takeout, what number would you predict? My thoughts are a big boy takes them out in shares, and hopefully that company is a dividend paying stock. JMO UNKLAL

[GMon]

If it happens, it would probably be after the PFS is done and the project is de-risked to a point where an acquirer would feel confident in the technology and product. If we use Standard Lithium as a guide, the MC would be in the $300-400M range by then.  If we give it a small premium of say 20%, a buyout could be in the range of $360-480M MC.  The current MC is $55M. So, we are talking

[Yajne]

Fair comments GMon, not sure a big firm would wait that long though and your estimate of price would is in the range of what I would expect on a take-out. IMO it would be cash, not a share deal as UNKLAL suggested. Nothing to base that on except my belief that the big guy wouldn't want to go through the hassles of negotiating a share deal, instead a straight up bid on the stock. JMHO