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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 05, 2006 9:57am
171 Views
Post# 10802149

Analysts still can't admit they screwed up

Analysts still can't admit they screwed upFrom that guy on RobTV a couple of years ago who gave AUR a price target of $2 (It now has $4.65/share in cash) to that BMO analyst Victor L that I quoted earlier who was wrong about AUR's production and earnings in 2005 and yet still uses those wrong figures as a base for 2007 to those guys in the room who keep looking for the "gotcha" point to tried to justify their salaries, they are all the same. Just punch in the spot price numbers for copper into AUR's guidance, use some common sense, and you have a very good indication about AUR's forward earnings, cashflow, and NET CASH. Buy value and wait or buy with confidence and hold with conviction. I really do expect the big move to occur next week.
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