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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 > Value at PEA was $ 1.12 Billion U.S.
View:
Post by LiAuAgScV on Nov 08, 2023 8:18pm

Value at PEA was $ 1.12 Billion U.S.

-Some simple math.

- Lithium pricing used in 2020 at time of PEA was appoximately $14,000. per tonne selling for lithium carbonate .
-All the experts that I listen to are calling for inadequate lithium supply by the time E3 is planning on being in production and in turn prices over $20,000.U.S.  per tonne SELLING, possibly more for lithium hydroxide .

-E3 PEA called for a Net Asset Value, at that time , of $1.12 Billion U.S. based on 20,000 tonnes of production per Annum .
 
-The numbers point to a higher NAV with the PreFeasibility Study but regardless using the PEA value 
$1.12 Billion U.S.  divided by 80,000,000 shares fully diluted equals $14.00 U.S. per share or $19.00 Canadian .
-E3 is desperately undervalued .

-Draw Your Own conclusions
Comment by My19sixyNineZ on Nov 08, 2023 8:44pm
I think FOMO alone could do $14. Shalll see. : ))
Comment by NoBigDealbcl on Nov 08, 2023 9:51pm
When laid out like that, pretty stright forward with awesome upside here.
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