Electra Battery Materials Corp. V.ELBM

ELECTRA BATTERY MATERIALS | Red Cloud's Pre-PDAC 2024

[Betteryear2]

78 Views Mar 5, 2024

Trent Mell, CEO, Electra Battery Materials joined us at Red Cloud's Pre-PDAC 2024, brought to you by Red Cloud Financial Services.
ELECTRA BATTERY MATERIALS | Red Cloud's Pre-PDAC 2024 (youtube.com)

[ElJ]

What  a Huge miss verified by management here: ...reference  time 8m 30 sec. in video: "From the day we are funded you are may be 18 months to "reXYZ" procurement, construction, commissioning,... we get it up to 5000 tons throughput capacity and then in year 3 with the crystallizer (in circuit), step-up to 6500tons capacity"  That year 2027 !!   what

[dothemathpeople]

Didn't they already get funded?  A few times? Still need $60,000,000 to finish? TM "estimates" 18 months out from whenever the next financing occurs to"procurement"? The fauking Riddler returns.

[NatureBoy]

Sorry state of Electra leadership. TM callously behaves as though capital is infinite by continually pushing out timelines while never taking responsibility for failures for goal accomplishment. 18 months more?!!!! Ridiculous and unacceptable. All the while the Riddler sits comfortably in a leadership position. Time is money and Electra loses both daily under Trent. 

[used2blongonprp]

Sorry state indeed.    Boards at real companies would have sent Trent packing without a sevrance package a long time ago.. Misleading investors, squandering the money raised, failing to get the refinery commissioned on time/budget, etc should be grounds for dismisal.   Instead, Trent cashes his paycheque and makes excusses.