Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

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

Electra Battery Materials Corp

Bullboard Posts

Comment by copperisgold7on May 11, 2006 10:12pm

237 Views

Post# 10838248

Just a word on the Bond Rating

Right now, AUR really does have 3 times the NET CASH of that debt and will have about 6 times that debt in NET CASH by year end. Putting aside why AUR does not simply pay that debt off in total (likely a penalty and they want to keep a lending facility open should they need it for a takeover or expansion), does anyone know what those bonds are trading for? Can their be anymore secure debt that one set to be guaranteed by 6 times its amount in NET CASH and by a company that could conceivably EARN 5, 6, 7, or 8 times that amount of debt in 2007?

Bullboard Posts

This battery metals stock is on a path to the global stage