You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Opinion on ETL lithium play or any others you would recommend

ERO a new Copper lay ? Thank You RAK

Asked by bob on August 15, 2022

5i Research Answer:

ETL is pre-revenue with $16.1 mn in cash and negligible debt as of the recent quarter. The company tends to burn $2 to $3 mln in operating cash flows a year. So, the cash should last them for a bit but we would view it as a more speculative name overall.

For lithium exposure, LAC or ALB could be options to consider. LIT is an ETF option as well.

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

Access to a team of experts ready to answer your investments question
Instant access to over 100,000 archived questions
A community of like-minded investors
Peace of mind knowing that 5i Research has only YOUR best interests in mind

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use