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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 NatureBoyon Mar 13, 2023 11:19am
265 Views
Post# 35334778

In the absence of cash or meaningful near term revenues…

In the absence of cash or meaningful near term revenues…

...turn on the DSU "printing presses" and sell the tactic to stakeholders as a strategic move, claiming in the recent news release, "long term incentive grants are an important retention and incentive tool for key employees and a mechanism to align interests with shareholders." 

Well, sorry...but, the interests of shareholders involves generating revenues, and more importantly, profits from operations! C'mon Trent. Rather than setting yourself and a few chosen favorites up for cozy positions and golden parachutes, no matter the ultimate level of success for the company, perhaps you could forego some of that $360,000 salary ( and bonus) until ELBM is operating and proven! Get the job done before parceling out the spoils.

THAT WOULD ALIGN KEY EMPLOYEE INTERESTS WITH THOSE OF SHAREHOLDERS. Might I suggest that you sip water from a recyclable paper cup until we all can afford celebratory beverage from fine crystal stemware?!!! 

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