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Electra Battery Materials Corp V.ELBM

Alternate Symbol(s):  ELBM

Electra Battery Materials Corporation is a Canada-based processor of low-carbon, ethically sourced battery materials. The Company is focused on building a supply of cobalt, nickel and recycled battery materials. It is engaged in the business of battery materials refining, including refining material from mining operations and from the recycling of battery scrap and end of life batteries. It owns two main assets: the refinery located in Ontario, Canada and the Iron Creek cobalt-copper project located in Idaho, United States. Its projects include Ontario Refinery, Recycling, Becancour, North American Nickel and Iron Creek. It is in the process of constructing its expanded hydrometallurgical cobalt refinery, assessing the various optimizations and modular growth scenarios for a recycled battery material (known as black mass) program, and exploring and developing its mineral properties. The Iron Creek Project consists of mining patents and exploration claims over an area of 3,300 hectares.


TSXV:ELBM - Post by User

Comment by copperisgold7on Apr 29, 2006 12:06pm
367 Views
Post# 10765587

RE: ROBTV Brian Acker & UBS

RE: ROBTV Brian Acker & UBSFirstly, if Brian Acker doesn't come across as the most arrogant SOB on television I do not know who does. Secondly, I recall him having a model price for AUR around $14 some time ago and then going on ROBTV and announcing his firm sold it at just under $10. My model price for AUR in 2006 is around $28 and I can certainly tell you that I won't sell it for $20 or $21 when it will be near $50 by end of 2007 and around triple digits by 2009 when it will be producing almost 400 million pounds at under 50 cents/pound and all without the need for dilution or debt because of its huge NET cash position that should be near $6/share by end of this year and, at these prices, will grow by at about that much more in 2007 when earnings should top $5/share. Its forward PE is around 3 when the sector average is over 8 and around 2.5 if you subtract its net cash -- that's a stock you buy not sell.
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