E3 Lithium Ltd V.ETL

Sign of the times

[MrPeters]

Part of article in today's G&M, unidentified could be from E3.
'' Smaller-scale lithium developers close to production are under pressure from falling cash stockpiles and difficulty raising capital, BDO said in June.

Consolidation will be needed to give companies more options, said a board member at a junior lithium company who asked not to be identified so he could speak freely.

The recent low prices have been tough for the industry and made it difficult for them to raise money, said an executive at a lithium developer who also asked not to be identified.'

Looks like hard times for raising Capital and E3 needs lots of it. I sure wish  they would anounce a partner for the project.
The future is still bright for Li, just not now.
gl

[MrInvest]

Agreed. Any capital raise will be a under stress one for E3. This Demo is NOT a good idea unless there is a deal with teeth attached to it. There has been a pretty good disregard for the SH by this board and Management. It might recover, but I decided not to hang around and wait. 

[MrPeters]

I dont completely disagree with you but right now, management is a small part of the problem if any? I think when we all started coming on board Li was the new gold trading if I remember right around 60K a tonne 2022. Compared to todays spot price. It becomes obvious something major happened to cause such a downward spiral and it's nothing to do with E3 management. E3 has the goods it's