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Bullboard - Stock Discussion Forum 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 Discussion

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Post by JM1011 on Apr 08, 2022 6:07pm

Predictions

Mell is a smart guy! Been planning this for over a year. Big announcement coming up? Partnerships maybe even more Government funding. Thoughts? 


chemical company is worth 8-10 times forward earning. A quick math on just the cobalt Sulphate will give a lot of attention to this company. Analysts reviews and so forth will help. 


no one can see the future but hind sight is always 20/20. Let's see what happens. I have over 400k shares...a bit nervous to be honest but let's see what happens.

Comment by 555rookie555 on Apr 08, 2022 8:56pm
same boat! Come on Mell don't let us down!
Comment by GordonGekko16 on Apr 09, 2022 7:05am
I understand you (got +4 million shares) After we over with 2022 the SP Will be 3 times today easy.  Patience is key but alm the big risk are off the table 
Comment by JM1011 on Apr 09, 2022 3:26pm
Monday will probably have a big announcement. Low share count will push this thing so much higher and then I'm sure they will raise money and then price May come down a bit. That's what I predict. Definitely an announcement to push price up in order to lead this thing on to the uplisting. all the best! 
Comment by Starkicker on Apr 09, 2022 4:51pm
The best announcement I can think of won't come from Electra. It will come from the U.S. saying it has dropped its subsidies for U.S. built cars, or at least include Canadian batteries and raw materials in the subsidies.
Comment by itsalie on Apr 10, 2022 8:09am
Low share count? first thing I noticed when looking at this stock is the high share count? already almost 600 million outstanding. 
Comment by JM1011 on Apr 10, 2022 11:27am
Monday is the reverse split 18:1. This will bring the share count to below 32 million. Supply and demand... they need to create demand by big news and the supply will be short causing this thing to go up. At least that's what I think... all the best! 
Comment by 17Digger on Apr 10, 2022 1:00pm
Do not hope for a reverse split unless you are looking to use your shares as a tax write off next year. Most reverse splits kill the stock price for long afterwards. Do you actually believe "this time it will be diffferent" ?  The odds say that you would end up with just cheaper consolidated shares.  xx
Comment by Budcomags4 on Apr 10, 2022 1:20pm
600 million about to become 32 million... Check out JRV (which I also invest in) at 1.52 billion shares and an $.82 valuation...  Regardless of number of shares, what is the value of the company... 
Comment by ztkatc on Apr 11, 2022 3:19pm
What God do you pray to?  You better start praying...chances are...this stock is GOING DOWN the DRAIN
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