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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 plumena3 on Oct 13, 2023 7:18pm

elbm

the ``trail `` continues,  meaning they are not satisfied with the current state of the operation,

next financing   out  to  2nd quarter of next year.

they are assuming that they get the funding by then,no commitments from the market or governement so far.
Comment by Starkicker on Oct 13, 2023 8:07pm
Sounded like government was in for 30-50% and the rest would be non-dilutive capital by Q2 2024. If that doesn't happen TM should do the honourable thing and  step aside. I understand it has been difficult conditions, but the can has been kicked down the road for far too long.
Comment by Blackbriar44 on Oct 14, 2023 9:00am
Maybe if the financing was DILUTIVE then the matter of business with Trent would be handled in a  much more responsible manner as any large institutional investor/investors would have demanded this to be norm. TM is quite crafty isn't he.
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