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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

Post by bigguy56on Jan 01, 2021 1:50pm
495 Views
Post# 32207519

hello from the Big Guy.

hello from the Big Guy.hello all. I bought about $12k worth of shares in the 0.60's in October of 2017. I am usually a long-term holder so I watched this fall and am watching it come back up. I sold some other lithium ones I had, like SLL.. but kept this because of the manufacturing. The only problem I foresee is the capital required to restart a plant. I am in the EPCM business and would guess it is a 50 - 100 Million dollar job. I was concerned that they would do a Reverse Split. Not sure where that stands now, nor do I understand this deal enough to valuate the stock, but it seems to provide for exellent cash flow and the restart of the plant.
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