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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 Jan 17, 2024 8:27pm
151 Views
Post# 35832610

RE:Electra

RE:ElectraIn addition to the interesting "ownership breakdown" identified in post Id  # 35806081 I draw attention to another aspect of trading in Electra shares...

The trading platforms have shown the following Share Volume distribution profile (examples) of trading: 

Platform......   January 17,2024 .......  Jan 1 - Jan 17, 2024
TSXV                     33.8 K                          1.14 million
CC                         64.6 K                           2.44 million
AQL                       4.5 K                             0.11 million
LNX                       0.5 K                             0.0009 million
US                         46.5 K                           2.14 million      (one day less...  Jan 15th was closed)

Price movement (up or down) will clearly depend on resolving the drastic delay in plant build which has generated the "Funding crisis"; Cobalt plant equipment installation and commissioning;  and operational effectiveness.

Current Black Mass success, through temporarily adapting part of the future cobalt processing plant, is modest, relative to the main cobalt production target,

Peace,
Good Decision-making to All,
ElJ  
       
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