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Bullboard - Stock Discussion Forum 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... see more

TSXV:ETL - Post Discussion

E3 Lithium Ltd > Target price 7.5
View:
Post by Millar on May 02, 2022 5:16pm

Target price 7.5

https://cdn-ceo-ca.s3.amazonaws.com/1h6vq1s-20220502-ETMC-Initiation.pdf
Comment by diamondlessnono on May 03, 2022 11:15am
7.5 is that cents? How do you people come up with these prices? What year? Thanks
Comment by Beaubie on May 03, 2022 12:05pm
The $7.5 target price is coming from an investment house.  This is second recent coverage with a target price.  The other was $6.75.  This are speculative in nature.  But there does seem to be a momentum buidling around this stock again.
Comment by Jethro980 on May 03, 2022 11:31pm
This conservative price of 7.50 is based other projects like Standard Lithium currently trading at $7.85  E3 has the goods it is just a question now of economics of scale. If the economics are proven then the 7.50 will look very, very, very, conservative indeed. With the next phases if completed satisfactorily then by next year this time the analyst's reports will indicate ...more