E3 Lithium Ltd V.ETL

Funding announcements shortly.

[Jethro980]

E3 would not be capable at current funding to do the enhanced demonstration plant.  Watch for funding announcements soon.  I expect multi layer fed and provincial announcement's. The resource is real and not unlike the Oilsands in that while the resource was real it needed lots of funding and tech advancements.  Today as we all know the oil sands on every level are a massive success. Just as I expect E3 to be.   Two thumbs up.

[SixMileLake777]

So is this a teaser?  To let shareholders know something?  Chicken before the egg.  I don't see this new plant idea happening for any other reason. It was not part of any previous plan.  I am hoping this is good news. Whether partner or government funds.  

[donteatbeyond2]

leaking insider information before it was publicly released.

[MrInvest]

Well I really do hope so. That being said, if it is, make it a part of the initial announcement, don't do it in two or three parts. The shareholders do not deserve to be "teased", they deserve informed decisions from Management and a plan to achieve these goals. This past announcement lacks these details, frustrates the shareholders, and makes me lose confidence in E3s Management

[donteatbeyond2]

Canadian Tax Payers should demand repayment from E3 Lithium. E3 Lithium recieved Canadian Federal and Alberta funding to pursue and develop its proprietary DLE technology....they are not doing this. The proposed Demonstration facility will test third-party technology as E3's dle tech isn't viable. Didn't they already do this last fall? Tax payers in Canada and Alberta should demand

[Jethro980]

Just as I stated.  Watch now for federal funding announcements too.  

[TheWokeLemming]

$5 million is peanuts.  Let's hope for more from the Feds. 

[SixMileLake777]

But it sounds like the Alberta gov is warming to E3    

[TheWokeLemming]

  I'd say it's more of a political stunt so they can say they support green initiatives.  I need to see more as an Albertan. 

[donteatbeyond2]

Thanks for the insider information before it was publicly released. Now E3 Lithium can actually pay staff cash money instead of giving out stickers for bonuses....yes, E3 Lithium gave out stickers in lieu of bonuses hahaha

[MrInvest]

$5M is not a lot compared to the expected cost of a demo facility. I would think a demo would be near $100M.  Usually though when the provincial government puts in money, the Fed's kick in as well. More to come on this I hope.  Even if the Fed's bump the funding to $50M, E3 is going to have to put some skin in the game. I hope they raise debt and service that debt with cash