Electra Battery Materials Corp. V.ELBM

Share consolidation

[Bluebron]

A share consolidation isn't necessarily a bad thing though long term right?
 Short term may see a dip but getting on a us market would do nothing but drive price up I would think

[NatureBoy]

Bluebron... current share price is not even remotely positioned to make a share consolidation feasible for listing in the American market. OTC (Pink Sheets) trading range so far today in USD has been 22.3 - 23.3 cents. At a 1 for / 5 to 7 range previously approved by the BOD...we are nowhere positioned yet. Any further dilution will make this move all the more risky for existing shareholders

[Bluebron]

So should we be nervous then because TM mentioned doing this in the recent NR posted here

[NatureBoy]

Not nervous... but aware and informed. Great things happening at FC and positive momentum is building. More importantly, I'd like to see the financing definitely resolved very soon to feel much better. TM has raised the issue of a share consolidation for some time now and as he said, he's made no secret of it... but just understand that we are a long way off from being able to sensibly

[Mazz45]

I wouldn't be nervious.  Been here for a while and TM has been talking about that for a while.  He always has been saying "at the right time". If done properly it can be accretive. The right time for me would be once the refinery starts producing and we are actually generating revenue and earnings.  Then the investment community will look at this very differently and

[17Digger]

Tell me ahead of time if they are going to consolidate shares so I can sell everything first! xxxxxxxx

[Budcomags4]

Someone just posted a video below where TM clarified that there will be a consolidation.  I belive you were jus told... are you going to unload today at 28.5?  I am sure there are some takers here... lol

[Budcomags4]

Oh my... even better this morning... 27.5... giddy up..