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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 > LITHIUM,,,,,,,,,,,,,Star has FALLEN.........????????
View:
Post by Red_Deer on Jan 14, 2024 5:49am

LITHIUM,,,,,,,,,,,,,Star has FALLEN.........????????

With More and MORE Talk Lately__as in These Articles__that there Will BE a DELAY in the
EV Lithium Demand to 2027/28__This FITS IN Perfectly with ETL Going into PRODUCTION
the YEAR BEFORE eh ????

https://www.mining.com/lithium-price-plummet-due-to-continue/

https://financialpost.com/commodities/mining/battery-metal-price-plunge-surplus
Comment by PuerSimia on Jan 14, 2024 3:13pm
Great article Red_Deer.  “Prices are not expected to return to previous high levels such as during 2022 and early 2023 before 2025 due to the forecast surplus in supply,” the Department said.  I'm OK with that too, and the price for Lithium Carbonate and Hydroxide is not a disaster for E3 at these levels either. If this is as bad as it gets, we're in pretty good shape IMO.
Comment by Yajne on Jan 15, 2024 12:47am
Thanks for posting Red_Deer. Definitely food for thought! It appears that EV demand has stalled a bit at this point in time. The resulting drop in Li prices just might be the driver for a drop in EV pricing that would make EV's more affordable and once again result in increased demand and pricing for lithium. This is the normal behaviour of commodities. JMHO 
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