E3 Lithium Ltd V.ETL

Just Another Non Advent NR

[MrPeters]

They only regurgitated information we
already had. Was there anything there we didn't know? For sure it didn't get the juices flowing for more ETL shares. The SH need to see something now not 2024. Where's the interest in this once in a lifetime oportunity. 

 

[PuerSimia]

  A year in review is only useful for those who aren't on the boat already. They are all steaming away today, so pick your pile. The ETL pile is faring better than most. Although that doesn't help much. It still stinks.

[MrInvest]

Market conditions aside, perform the simple discounted cashflow calculations with 8% discount rate, with the known information and adjust for commodity price and capital requirements as sensitivities. 20 year lifespan, $600M capital cost ($300M funded via debt), 20,000 t/year production, OPEX of $73M/year, $/tonne = $14,000.  Even with the drop to $12k tonne, the share price of ETL is

[Loughatorick]

The life of the mine will be much longer than 20 years if production is restricted to 20k tpa. In the recent Bloor Street podcast, Chris stated 25-30 year production run at 150 k tpa (5 plants). So the share price should be well over $. 4.00 per share. I am also putting this stock in the 'do not open until Christmas 2025' file.

[MrInvest]

Indeed haha. I am just going based on their economics this far that are published in the Investor Center. If they produce more sooner that does better the NPV of the investment, especially if the OPEX costs are reduced over the full plan. At $2/share, E3 appears to be on sale. Just need to hang in there and wait it out. This is not uncommon for venture stocks. If E3 hits the main TSX, that will

[Loughatorick]

Please refer to right-hand of slide 18 in the Investor download. I guess we will both have to wait for the PFS.