E3 Lithium Ltd V.ETL

Smart money continues to exit E3 Lithium

[donteatbeyond2]

The recycled fluff press releases they've put out this year don't fool the smart money. Fundamentally, E3 won't be profitable for 8 years at the earliest (assuming construction in 2027/2028 with a 4 year payback)...also assuming pie in the sky assumptions of their PFS. They are land rich and technology/production poor - they don't have a DLE technology so it doesn't matter they want to make batteries if they can't economically produce lithium. E3 Lithium is just smoke and mirrors - it shouldn't take you 15 years from inception just to breakeven. Get out before it hits $0.10. Don't believe me, then just ask the company when they expect to turn a profit...not revenue, but be profitable....not this decade

[Forever45]

couldn't have said it any better. But one more pop-up to $5 is in the making ...

[MrInvest]

Be careful, some people don't like facts around here and wish to brush off those with facts that lead to negative opinion on E3.  The fact is: 1) E3 will not have a built plant until 2029...that's justs project scheduling and Alberta winters.   2) E3 does not have the cash on hand to build this demo, it's going to come from somewhere and if it's not debt or grants

[Greatvac1]

You don't like Alberta winter?  It's so quiet because everything shuts down....

[donteatbeyond2]

New Press Release - E3 Lithium Files Q2 2024   E3 Lithium lost $48 million   GOING CONCERN   As at June 30, 2024, the Company has not generated revenues from operations and has an accumulated deficit of $47.6 million (December 31, 2023 – $42.8 million) including a net loss of $4.8 million (June 30, 2023 – $4.4 million) as at and for the three and six months ended June 30,