Electra Battery Materials Corp. V.ELBM

What am I missing?

[Tandem09]

Fcc is already under valued as is. If the split occurs and the Refinery goes ahead and opens I don't understand the concern of having a lower amount of shares exposed hurts us. We are moving from 0 revenue to somewhere 34.7m / 4-5x the production. With hopefully a solution to our Sodium treatment. And now possibly silver assets in addition. This adventure relies on whether or not TM can open the Refinery or not.

[17Digger]

Since you ask, here is what you are missing. They want to consolidate shares so that hey reach a consolidated price where they can find big buyers to buy new treasury shares. Those big buyers will not pay the new consolidated market price, They will get a discount (often 20% or more) plus they will get cheap share warrants.  These discounts will not be offered to existing or retail

[Tandem09]

I see.. I just can't foresee the stock dropping further unless of course the actual refinery is a 'no go'. Which leavese me to believe issue with the consolidation so a non-issue and a benefit in this case

[17Digger]

If you believe that, then the only chance you have is for fcct o issue absolutely no further shares after consolidation.  That way, existing shareholders and new retail share buyers will accrue the benefits of improvements to the company business postion - not a new discount buyer who flips cheap shares and keeps warrants skimming the upside growth in share price. xx .

[WernerD]

It's great :) Some are talking about of an imminent consolidation of the share price, in some german forum they talk about rumors of a fusion...some writing about things like "bullshit, f...FCC management... I do not see any reason to use such wording. All in all just blablabla with some strange use of Insults

[TennisStar]

This is some quality senseless speculation guys/gals. There are plenty of opportunities for share consolidation which work under the right scenario...lots of blinders on not considering context and when these are appropriate. Not to mention the vote isn't for them doing it...it's the vote for the option to do it.  Trent already said himself that they will do under the right scenario

[David123]

Agreed 100%

[Mazz45]

Agree 100%.  At the right time this can and will make sense but had to be supported.  Bringing the share price higher also helps take this out of the retailers hands and get more institutional investment if/when it gets high enough... over $5

[ElJ]

Mazz45,                 see your inbox, ElJ

[Tandem09]

What are the reasons a company would issue more shares right after a consolidation? I assume if they need money.. We should know real soon whether or not fcc is being funded. If they are why would they go ahead and dilute share value further.