E3 Lithium Ltd V.ETL

E3 Lithium adds 2.5M tonnes LCE in Saskatchewan

[TrevorAbes]

Adds value on top of largest M&I lithium resource in Canada: https://stockhouse.com/news/the-market-online-news/2024/05/23/e3-lithium-bolsters-resources-with-2-5m-tonnes-saskatchewan

[Wanderer1187]

My conservative assumptions puts an NPV of $825M on one 20kt plant in the Upper/Middle Wymark District which can be updated when we get the PFS. Discarding the bottom 2 average concentrations at 68 and 48, respectively, the most attractive sites account for 2.241 million tons of LCE at an average concentration of roughly 103 mg/L. That's a higher concentration than the current Bashaw District

[Wanderer1187]

And we're at a current lithium price of almost $15k/ton which is at least 10% better price than the PEA so we can assume even a $900M project value (again not how the profit works here and NPV works, just quick adjustments and being conservative)

[DDGuy3040]

That is some good news!