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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 > All in Favor
View:
Post by MrInvest on Jul 17, 2024 1:31pm

All in Favor

Well looks like shareholders voted to approve all items at the AGM. What we are doing now is saying the current status of Management is acceptable and will provide the means to bring the company forward. If this was the case a "Damage Control" presentation would not be required 2 weeks after a major news release. 

Tina was just given 300,000 shares which is not too bad considering. Shareholders better get ready for significant amount of equity being given out at these low stock prices and future vesting and cash out in 3-5 years. I guess the one positive thing is that internals will be motivated to move things along. But at the cost of shareholder value not geterated cashflow. 

Who knows what the future brings here with E3. Still got my fingers crossed but it looks like micromanaging Chris is here to stay.
Comment by diamondlessnono on Jul 17, 2024 1:50pm
Sorry. but  your fingers will be cross for a long time. GLTO
Comment by MrInvest on Jul 17, 2024 2:12pm
Might be for sure. It will be 2028 AT BEST before anything is built. I suspect it will be 2030.
Comment by Greatvac1 on Jul 17, 2024 9:08pm
The most recent Corporate presentation says late 2027 but you're probably right
Comment by TheWokeLemming on Jul 18, 2024 10:11am
Theres no rush while lithium prices remain low.   It's not like E3 is bleeding money.  
Comment by MrInvest on Jul 18, 2024 11:11am
I have worked projects for a long time, it's not often these things come in under cost and on time hahha. Some might say that it is better to wait for better pricing but the longer this is not built there is no way to capitalize on higher prices IF they happen. There is a lot of speculation worked into this stock price, well less now that it going back towards $1. Good luck to all, but it ...more