E3 Lithium Ltd V.ETL

Flow rate pr's & PEA:

[My19sixyNineZ]

October 27, 2022 

The production test, which included flowing 400m3/d of brine to surface for five days...

KPI target is 3.
3x's the plant capacity.
1200 targeted flow rate.

PEA filing is 1700 m3d.

Chris has said it flows more than they can handle & in this video, his 1st 2 Q&A comments, are on the flow.

Keep in mind, that KPI is key for Fluor's work & there's 43-101 commenting rules. For years, E3 has worked from this well & Chris has little doubt. So that includes me too, from my arm chair. : ))

https://youtu.be/xdB_5Iuf8fI?si=xGhhcNOKBfEmIxSF

[My19sixyNineZ]

& what comes up, must go back down, same news: "The test also included reinjecting the brine back into the reservoir to confirm injectivity capacity, which is a cornerstone of E3’s environmentally sustainable process. The test included re-injecting the produced brine in less than two days at a rate of 1,200m3/d."

[diamondlessnono]

Question is, WHEN WILL THE PLANT BE BUILD? I'm waiting for 2.00

[PuerSimia]

Good link, thanks. Chris is very clear about what a flow rate of 3 or higher means. The 3 is a recovery metric. It puts the other two KPIs into context, and determines the size of the commercial plant required for their DLE process to meet the other two KPIs, and hence the capital costs of a commercial plant.  It would be nice to have him explicitly state that those two KPIs were achieved

[My19sixyNineZ]

No worries here. Like Chris says, it's one of the least worries. Don't forget they also just added another technology for testing too. If it is the bolt-on for extracting other materials, then maybe waiting to release all flows at once. But the initial flow would have to be around 45% off by the mark, to fail ---- can't see that with the pilot over all run better than expected. To hit

[PuerSimia]

I hope you're right. If their DLE process can achieve that flow rate metric, we're gold.

[My19sixyNineZ]

Yes sir...gold is tha goal! Simple deductions is all we can do, right. : )))