E3 Lithium Ltd V.ETL

Monday will indicate

[sicnarf2]

An. Uptick ending the drop or more drop .
if it's down Monday hang onto your shorts !

[Shackle12]

guess I will have to wait until Monday to see if I screwed up. held shares for quite awhile but sold them all last Sept and made a few bucks; have been watching ever since to get back in and when the price went so low only a week or so befor the pfs release I jumped back in full throttle thinking it was a return to last Sept. but right now not looking good. hopefully we have bottomed out

[Shackle12]

after rereading the PFS it doesen't read half bad. The 2 bugs biting me are the 2.5B US capital and the forecst of Litium price of up around 31,000t both are going to be hard to reach in this lithium climate. of course if things change with tariffs and new gov. who know im in now fr the long haul

[PuerSimia]

I agree. The $2.5 bill and $31K a tonne make this project uneconomical in my opinion. In my opinion, shareholders have been mislead to this point in time, with $14K a tonne, and vague statements in the media about the cost of a plant being at least 30% more. In my opinion, two things have to happen to salvage this project: (i) A strategic partner, and replacing the CEO with a nominee from the

[Shackle12]

Yes hate to say it but for this to succeed we need an infusion of new blood with lots of money. i think right now in this environment it is going to be hard to get the purse strings opened. right now we have no way out as Chris sort of thinks. Even a dilution is of not much value. Hard for them to make money on a stock with no value.  I'm sorry I bought back in but for the next while I

[SixMileLake777]

So are we saying brine to lithium is not economical?  Or just E3s situation?  

[PuerSimia]

It's E3's situation. They need a significant injection of capital from the government and a strategic partner. There's still room for this to run, as governments in North America do not want to rely on China for their lithium. Time is our worst enemy right now, as negotiatoins to pursue those avenues take time.

[SixMileLake777]

With the amount of money Canada and Ontario plan To spend on battery plants, yeah I think that's they need lithium. And if you don't want chinas lithium it has to come from somewhere.