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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 > Press release and webinar....
View:
Post by donteatbeyond2 on Feb 22, 2024 5:33pm

Press release and webinar....

Press release was TLDR but here is the new information:

E3 is delaying the release of the PFS an NI 43-101 by 6 months!!! They do not have a viable economic DLE technology. The Feb 20th news release implies that their DLE tech is not commerically viable and they have to try to negotiate with a 3rd party....they don't have an economic commerical DLE tech so they can't secure an offtake agreement, hence the SIX MONTH DELAY!

Nice try Crooked Chris and Rotten Robin.....smart investors will see through this.
Comment by donteatbeyond2 on Feb 22, 2024 6:03pm
....Since they're going to try to get a contract with a 3rd party DLE tech provider, they're likely going to lay off and close down their lab in Calgary - their proprietary DLE tech is not commerically viable and they wont be using it in their PFS....but don't worry, crooked Chris already got paid when he sold shares last year. what a great guy.
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