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Electra Battery Materials Corp. V.ELBM

Alternate Symbol(s):  ELBM

Electra is building North America’s only fully integrated, localized and environmentally sustainable battery materials park, which will host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, to become a reliable supplier to both North American and global EV and battery supply chains.


TSXV:ELBM - Post by User

Comment by davidyon Oct 27, 2006 10:05pm
318 Views
Post# 11571535

RE: whats the dividend? - 15 cents?

RE: whats the dividend? - 15 cents?You will find the following statement buried in the section entitled '2006 Outlook'. "Cash flow from operating activities is forecast to be approximately $512 million. Cash expenditures associated with financing activities are expected to total $120 million and are comprised of $25 million for dividends to Aur shareholders, $6 million copper price participation to ENAMI, $3 million for capital leases and $93 million for dividend payments to non-controlling interests of Quebrada Blanca, offset by proceeds of $7 million, from common share issuances related to the exercise of employee stock options." OK, take the "$25 million for dividends to Aur shareholders", convert to C$, divide by the number of outstanding shares and subtract the per share dividend from the beginning of the Summer and you get very close to 15 cents as the next dividend (same as last time). But maybe the final decision is yet to be made. As of today, I am 100% divested from Aur. I have continuously held a position ever since their takeover of Canada Tungsten. I've been trading it over the last x years but have always kept a core holding. I have had an incredible run. Will I get back in? I never say never. I have been shifting into "emerging uranium producers", betting on "global warming" heralding a massive resurgence in nuclear power. Good luck to you all. Lets celebrate!
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