Bullboard - Stock Discussion Forum 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... see more

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TSXV:ETL - Post Discussion

E3 Lithium Ltd > 30 dollars

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Post by diamondlessnono on Apr 08, 2022 5:42pm

30 dollars

How do u come up with that?

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Comment by ndiamond on Apr 09, 2022 12:49am

SLI (closest peer) has a current market cap of about $1.65 billion. Has been as high as $2.4 billion just 5 months ago. E3 could easily / should have a similar valuation as SLI. If you take the number of ETMC shares currently issued - and divide $1.65 billion by that -- it equals about $30 per share. Evne the Echelon report suggests potential ...more

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Comment by Beaubie on Apr 09, 2022 1:56am

I would gladly take $30. Does your calculations take into account currency exchange?

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Comment by UNKLAL on Apr 09, 2022 8:36am

The only caveat I would have is; this could be a solid dividend stock at $30.00+ so why would you sell??? Oh!!! and the likes of Elon Musk could come along and buy the whole works on the cheap n take E3 private. jmo UNKLAL

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