Electra Battery Materials Corp. V.ELBM

Doing the math

[hodgigre]

I trust everyone is doing the math. ;-)

[dmacd]

Not the deal I was hoping for but a solid endorsement from government. It sends a message to potential financiers so my sense it is worth more than plain dollars got shareholders.

[hodgigre]

For certain.  I'm not sure what you were hoping for but it doesn't hurt.  As you point out, the impact is larger than the 10 million - which certainly doesn't hurt either.  I like the message that is being sent in the critical minerals space.

[TennisStar]

$5m non-repayable and $5m interest free. Solid.

[greenstar1]

Two levels of government investment indicate to me that the other financing (and feedstock supply) pieces are ready to fall into place as well. Otherwise, this investment would not have occurred. Cheers and I did my math a couple years ago, it just required a lot of patience, nerves of steel and quite a few interest payments.

[BelieverCo27]

Well said! 2.5 years here as well. We did DD ....and then took a leap of faith in TM. Cheers to the patient investors here. GLTA!!

[EastCoast86]

Now that news is out, when are they going to issue a trade resumption and let this thing loose??

[EastCoast86]

Never mind, just announced. Let's see what happens!

[TennisStar]

trading resumed

[TennisStar]

....and she's off!

[Mazz45]

The $10M is great.  The significantly more important item here is we now have Federal and Provincial backing.  This will not fail now and the Fed or Prodincial governments will ensure we are successful.  This is significantly derisked now by leaps and bounds.... I personally added to my position just after the open. good luck all... I think this continues climbing as the