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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 NatureBoyon Jul 27, 2022 6:38pm
217 Views
Post# 34855329

RE:What is going on?

RE:What is going on?Sorry to disappoint, but honestly DoekeGouda, I can't explain the recent run up in share price. Though I watch with as much interest as many here. Lol. I have noted the increase in trading volume on Nasdaq which I take to be an artifact of increasing interest, which is positive. However, in the absence of any major announcement from management regarding tangible metrics for refinery developments, operations and revenue generation, I am somewhat circumspect and hesitant to draw conclusions. I assume that as we approach Q4, there will probably be increasing levels of short term 'speculation.' Maybe that is what we are witnessing currently. But, initially, I would attribute this more to opportunism than any sign of long term commitment to Electra's mission or management plan. The market, after all, is mercurial, especially for startups with no record of operations nor revenues.  On a positive note, there seems to be building interest and trading volume. Time, and results, will tell. 
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