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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 Goatburneron Dec 13, 2021 3:43am
717 Views
Post# 34224038

Irony and Electra

Irony and ElectraGood morning all. Hope everybody is doing good and staying safe. We are approaching an anniversary - some of you may know it - but newbies will not. On December 16th of last year - Electra made its biggest gains regarding stock price in one day. This was due to the announcement that Canada and the province of Ontario would be issuing 5 million dollar welfare checks each to then FCC for the advancement of the refinery in Cobalt Ontario. The stock went over $0.40 that day. Since December 16th 2020, we've had many many announcements - all of them promising and encouraging. But still, the stock is 25% - approximately - lower than it was on December 16th last year. Every single positive announcement in the past year has been lost due to dilution. This must be rectified. Things must change. We need a reverse stock split and we need it now. It matters not that some of you don't like it - but it's something that has to happen in order to right this floundering ship.
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