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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 stockdoc73on Sep 22, 2021 11:02am
190 Views
Post# 33898184

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

RE:RE:RE:RE:RE:RE:RE:FCC Working CapitalThe real asset that will count is a commissioned refinery to use as collateral. Obviously inventory and receivables at startup are non-existent so cannot be used. Plant and equipment is the way that most manufacturing working capital lines of credit are collateralized because that is where most of the companies value lies. From your post it sounds like you have done the math. Can you share with us just what the monthly cash burn is currently?
Hopefully, everyone invested in FCC realizes that any manufacturing startup is a risky proposition and there are many potential pitfalls along the way to the start of operations and also well into the first several years of operation. I believe that everyone that reads this board will be better served if we post what we know as opposed to what we hypothesize. And I am certain that this is not just my humble opinion.
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