CA - E3 Lithium: Depends On Your View Of The Lithium Market

2024-02-05 10:20:59 ET

Summary

• E3 Lithium's prospects depend on the market for lithium, as it is a non-producing miner.
• The company's direct lithium extraction technology is proven to work and is ready for production.
• The future price of lithium is uncertain, and the supply/demand mismatch predicted by E3 may be overstated.

It's other peoples' supply that matters here

For me to say that E3 Lithium's (EEMMF) prospects depend upon your view of the lithium market is both clearly true - it's a miner, of course prospects depend upon the market - and also not very helpful. Because it's a miner so of course its prospects depend upon the market for the material it produces....

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