Electra Battery Materials Corp. V.ELBM

Becoming First Cobalt Refinery in North America V.ELBM

[Betteryear2]

27 Views Feb 26, 2024

CEO and Director of Electra Battery Materials, Trent Mell, sat down with the Host of RCTV, Mark Bunting to discuss the company’s distinct mission as the first cobalt refiner in North America.

Becoming First Cobalt Refinery in North America | RCTV In Conversation - Electra Battery Materials (youtube.com)

[dothemathpeople]

Just in time for cobalt to be shelved in favour of other battery metals.  This is and was a money pit from the very beginning, a cash grab all the way along, and a massive pay off for ALL the insiders of FCC/ELBM.  Trent makes what, $500k/year?  And has delivered what exactly? Disappointment after disappointment, consistently lower share prices, massive debt, timing delays and

[Discovisko]

Mr mell would you like to comment?

[dothemathpeople]

$0.71 per share.  Says it all. TM has already said too much while delivering nothing at all. Go watch any of his U2b clips; thats one exhausted & underpermorming executive who seems to be going through the motions stringing industry catch phrases together hoping it sounds right. And his efforts are failing miserably.  So are his deliverables.  And deadlines.  And budgets.

[used2blongonprp]

Remember when they launched a 'strategic review'?   If no one has made an offer to buy the company, it only leads to one obvious conclusion:  the refinery isn't anywhere near ready for production.

[Starkicker]

So what happens then to the contract with LG? ELBM promised to supply them atarting in 2025. If I recall rhe contract accounted for 85% of what the refinery can produce. There is incentive to get rhis thing running.