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Electra Battery Materials Corp V.ELBM

Alternate Symbol(s):  ELBM

Electra Battery Materials Corporation is a Canada-based processor of low-carbon, ethically sourced battery materials. The Company is focused on building a supply of cobalt, nickel and recycled battery materials. It is engaged in the business of battery materials refining, including refining material from mining operations and from the recycling of battery scrap and end of life batteries. It owns two main assets: the refinery located in Ontario, Canada and the Iron Creek cobalt-copper project located in Idaho, United States. Its projects include Ontario Refinery, Recycling, Becancour, North American Nickel and Iron Creek. It is in the process of constructing its expanded hydrometallurgical cobalt refinery, assessing the various optimizations and modular growth scenarios for a recycled battery material (known as black mass) program, and exploring and developing its mineral properties. The Iron Creek Project consists of mining patents and exploration claims over an area of 3,300 hectares.


TSXV:ELBM - Post by User

Comment by copperisgold7on May 02, 2006 8:32am
188 Views
Post# 10780366

$3.32 spot = $3.40/pd = $4.17/share earnings!!

$3.32 spot = $3.40/pd = $4.17/share earnings!!I have repeated these comments before from the last ConfCall, but it might be good for our nervous nellies to hear them again: For each 5 cents over $2/pound that AUR sells THEIR (it gets an LME premium to spot for its Grade A registered production) copper they will earn AT LEAST another 8.5 cents/pound to earnings of $1.79/share. What that means is that if AUR averages a selling price of $3.40/pound in 2006 it will earn at least $4.17/share, have cashflow near $6/share and have NET CASH by year end close to $7/share. Should that be the average price in 2007 with a full year of Duck Pond's less than zero cents/pound production, you can add about $1.50/share to 2006 earnings so you could see earnings approaching $6/share in as early as 2007. Imagine them in 2009 with the Andacollo expansion.
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