Anyone else not impressed with E3 Lithiums pilot plant results so far?
94% recoveries excellent, purity 80%, grade in concentrate only 884 mg/L. That's the typical grade straight out of the ground in Argentina before it hits the pond. They claimed 20-100x concentration factor from previous lab results.
I remember Brett said in the webinar our brine will be 20,000 mg/L before the water is boiled out.
E3 DLE uses adsorption not ion exchange like PLIX. I guess we will find out within a month if we are using adsorption or ion exchange from our chosen DLE.
E3 just raised $23m CAD and are expecting another $23m from the Canadian government over the next 12 months.
We are down to $10m and with what looks like some hefty cash burning in the next few quarters.
With some Canadian grants our way, a BLM approval and a return of lithium sentiment - Paulie might be able to pull this off by the skin of his b....
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