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Elcora Advanced Materials Corp V.ERA

Alternate Symbol(s):  ECORF

Elcora Advanced Materials Corp. is a Canada-based vertically integrated battery material company. The Company mines, processes, refines and produce battery related minerals and metals. It is engaged in developing polymetallic mining deposits, such as Vanadium, Manganese, Copper, Tantalum, Nobium and some other rare earth minerals. The Company operates in one business segment, being the exploration and development of mineral properties. The Company’s graphite processing plant is located near the Ragedara mine in Sri Lanka. This facility performs four refining activities, such as grinding, flotation, dewatering, and product load-out. It has constructed its own graphene production facility in the Canadian city of Halifax, Nova Scotia to supply graphene.


TSXV:ERA - Post by User

Comment by DoctorFouadon Nov 01, 2016 6:59am
148 Views
Post# 25408966

RE:Concerns

RE:ConcernsI think investors are saying : great ambitious initiatives ! but how about "show me the money ?"
IMO they need to show some cash flow from operations, otherwise investors may stay skeptics on the sidelines watching cautiously the show unfolding. Dilution to finance all these intitatives is also a concern. The last capital raise announced at 3M$ didnt go that well (1M$ raised). Lets hope they find financing soon and they clarify what is really going on regarding the confusion around their spherical graphite activities (are they going to build the plant by themselves ? what about the joint venture with other graphite companies ?....). Also I agree it is extremely weird to announce building a spherical graphite plant (for 5M$) on media while nothing shows on news releases. Hopefully management could organize all this.

flite wrote: Is no one in management concerned as to how low this stock is trading, in regards to the advancements made as well as the true potential that is on the way. This stock should easily be .75 compared to 100`s of other juniors. Whats happening now in management and public relations is  pathetic.


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