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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 ElJon May 18, 2023 1:06am
112 Views
Post# 35453880

RE:RE:RE:?

RE:RE:RE:?I also agree .... with the proposed sentiment that  "This is probably where the money is made for investors, but".... Electra needs Funding input and soon.  What they will arrange, we should probably wait to see and analyse, .... hopefully not much equity at these prices!! Major Institutions have not been aggressively involved in trading during the past week,  where just over 1 million shares traded on the TSX has seen the share price fall from the region of $2.50 to the region of $1.30.   Would I give them more money in a rights issue at present? I expect that I am unlikely to be asked, but purchase price averaging now might be a useful consideration compared to "holding", which some BB colleugues are deciding.... it is a gamble in the light of historical disappointments and weaker, in my opinion, than the prospects for  Angel of Empire in the Belmont 3 weeks from now,

Peace,
Good Decision-making by All, 
ElJ 
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