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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 > LET'S GET'ER DUN
View:
Post by Shackle12 on Apr 05, 2023 1:29pm

LET'S GET'ER DUN

Today in Financial Post...in part

Rules don’t apply
Most commodity prices are set by what economists call the lowest marginal cost producer: Whoever can produce the commodity at the lowest price can afford to sell it at the lowest price, setting a ceiling for what customers will pay.
Those rules don’t apply in the lithium market, at least for now. Phillips said supply and demand are ramping up so quickly that buyers are willing to pay above the marginal cost in order to be sure they have a secure supply.

“we’ll have shortages for decades to come.”

sounds encouraging. We need a good NR/.
DD advised
Comment by NoBigDealbcl on Apr 06, 2023 9:16pm
Li prices are going to surge again, china setting the non defacto price has to stop...
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