E3 Lithium Ltd V.ETL

A bit long but interesting

[GreenArrowUp]

https://www.ft.com/video/b6908d24-0c39-425c-a1ed-6b2ad7ad70ff

[GreenArrowUp]

I like where they say ONCE IN A CENTURY INVESTMENT opportunity 

[Yajne]

The world lithium reserve chart (at about 1:17) shows less than 1MT reserves for Canada. Although E3's 16MT of M&I "resources" are still not technically defined as "reserves", we know that change when PFS and the FS are completed, although the number usually drops slightly when classification is upgraded to the 'reserve' designation which has a higher certainty.

[My19sixyNineZ]

Welp...Chris said pfs...then an off-take...qualified for funding. Would be nice to see a much sooner than expected pfs news. They hired a Mgt position, nat gas guy, so they're zero'd in on TPA, etc.... Chris mentioned only announcing concrete deal(s). Samples sent.....letz goooo!! Others now press release promoting themselves.  Glad we never do.... Seems like final DLE decision is

[britishracer]

I'm willing to wait as long as necessary for the best/righ deal. No point in rushing things if we are searching for a partner that will expend serious capital to participate in building the production facility. 

[PuerSimia]

It would be great if the Feds kicked in a few hundred million to subsidize a larger player to JV with E3.

[My19sixyNineZ]

Would be silence..everyone passed out -- i'd wake & go to Cracker Barrel for brkfst to celebrate

[My19sixyNineZ]

Woops..i meant news on in-house pfs details, then leading to partner...before SEDAR pfs. That's what Chris laid out in last or 2nd to last video.....so shall see

[Greatvac1]

Very interesting, thanks for posting.  Only 5% lithium coming off the salars.  A huge advantage for E3 is that they have 50+ years of seismic data, they know the reservoir well.