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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 Jun 08, 2006 9:29am
159 Views
Post# 10961736

RE: One good reason, and only one

RE: One good reason, and only oneAT $1/pound copper that would not only make it the shortest commodities bull market in history but AUR would still have earnings well over $1.25/share in 2007 to something like $2.50/share by 2009 (if copper prices drop, so do AUR's costs so earnings may be higher). Last I checked, copper is still over $3.25/pound which means AUR is on track for 2006 earnings close to $4/share with NET CASH near $6/share based on statements from the AGM.
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