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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 by User

Comment by dothemathpeopleon Sep 22, 2021 9:48am
221 Views
Post# 33897705

RE:RE:RE:RE:RE:RE:FCC Working Capital

RE:RE:RE:RE:RE:RE:FCC Working CapitalAs FCC really has no actual "real assets" that would count.  FCC has no receivables, and no inventory.  No one would loan on their mining properties, as they sold all the valuable ones, after writing them down to zero, so.  Cantor Fitz loaned them the money.  Another seemingly inside deal.  Once they disclose just how much cash they are burning throught trying to get this refinery lit, lenders will have less confidence.  It's a money pit, period. And ROI is gonna be a long, long time coming, if at all (financially speaking).  Stock/share wise, they will promote, and sell into it; THAT is what they have shown they can and will do, repeatedly.  All, of course, IMHAO.
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