EEMMF - E3 Metals: Strike Before The Iron Is Hot

• E3 is currently in the exploration stage of their first lithium project, located in Alberta, Canada.
• The company is developing a proprietary extraction method that will allow it to operate with industry-leading margins and convert a relatively impure resource to battery-grade certifications.
• Production at the site is likely to begin towards the start of 2026, following the release of a DFS and the acquisition of necessary capital.
• The company operates under significant risk as this will be its first source of revenue, so if they are unable to validate their production goals the company faces bankruptcy.
• I believe that E3 will ultimately prove successful in their endeavors and have set a price target of $8.55 per share by the end of 2024.

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