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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures lithium-ion batteries and battery systems for energy storage, clean electric transportation, heavy duty electric vehicles and other specialized applications based on its Infinity Battery Technology Platform. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company is also developing next generation solid state battery technology at its Labs division. The Company has two operating sites in Canada and has a 52-acre site with approximately 135,000 square foot manufacturing facility in New York state. Its battery products are used across various applications, including material handling, e-mobility and energy storage.


TSX:ELVA - Post by User

Bullboard Posts
Comment by GerritEtmanson Feb 09, 2016 7:09pm
194 Views
Post# 24541860

RE:Electrovaya is making money now!

RE:Electrovaya is making money now!
varadero822 wrote: Get the champagne ready Gerrit!

 The champagne is always ready.  The conditions were: NMP-free production in Kamenz in 2016.  While $6 million in cash from the German government make this a possibility now (I must admit, I did not expect them to get $6 million nilly-willy), I trust that operationally, they will screw it up as they always do.  However, you, Varadero, probably have reason to celebrate, because these results give you the opportunity to sell your shares for much more than I would have thought possible.  You may even come out ahead (Aren't your average costs about $1/share?).  You may be able to get that, or even a bit more. I'd say: if it hits $1.20, sell.  Remember in years to come that the guy you insulted mercilessly and childishly actually will have given you the best stock tip you ever received.
But I don't really expect a thank you note.  Not from you...

Bullboard Posts