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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 MrGreenITon Jul 25, 2022 5:00pm
203 Views
Post# 34849387

RE:The natives are restless

RE:The natives are restlessAgreed. Remember there is a crystal clear plan layed out for what the company is currently doing. The plan involves significant financed cash burn now and then new revenue with steady runrate and profitability in 2023. The plan involves 4 phases. Everyone is working on the same plan and SURPRISE it is working. Reportedly they are still on schedule and on budget. So stay calm and watch in awe as this team finishes phase ONE. Then we can celebrate together as reality based P/E's and multiples emerge >>>The whining about bad management decisions can commence once we see full impact of Phase One and plans for the next phases. We should know a lot more in Q3 as production nears for phase 1 and we have a report on the other initiatives. Major opportunity announced to potentialy partner on a new Battery Materials Park at a strategic Quebec port. Results for that are expected to be positive with an opportunity for capital injections from Feds and Quebec to help accelerate to improve the North American Supply Chain. Nickle and Black Mass phases are both progressing and funded as part of the plan.  The actual resource holdings seem to be a hidden gem that would require a major partner. So stay calm and carry on. 
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