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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 Jun 26, 2006 9:35am
264 Views
Post# 11032107

AUR is on someone's list

AUR is on someone's listThink about it: You can take over AUR for cash or shares and it will be immediately accretive. Take it over for cash and you can use AUR's own $4/share in NET CASH plus its cashflow running at near 2 cents/day to finance it without problem and you get a company that is increasing production THIS year to a near doubling by 2009/10 (well over 300 million pounds year with 60,000oz/year of gold by-product for 21 plus years). Seems buyers are getting aggressive so we may just see AUR bought out before my $100 price target by 2009 is reached. Shame.
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