Post by
Yajne on Sep 20, 2022 12:19pm
Acquired well...
I wonder if this well is the one referred to in Q2 MD&A or an additional well...(see below)
Great to see E3 save $$ by acquiring a new well bore that was likely drilled to find oil in the area but can now be re-purposed by E3 for lithium. It seems their 2022 plan is on right on track. Next up is likely NR updating progress of the DLE Field Pilot plant and then LiOH samples to potential off-take customers. These catalysts during the next few months should cause some SP excitement IMO.
From MD&:
"..............The first lithium evaluation well was spud on June 24, 2022 and the Company also acquired a well drilled and completed by a third party in the area. Accordingly, asset retirement obligations were accrued for the new wells."
Comment by
Yajne on Sep 22, 2022 9:45pm
You shouldn't have to wait long Rocko...a couple months maybe?