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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 is engaged in developing polymetallic mining deposits like Vanadium, Manganese, Copper and soon 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 products include EL-I-C6 Graphite and Anode Powders, EL-2D Few Layer Graphene, EL-MG/5 Micro Graphite, and EL-NP Graphite Nano-Platelets. It also has developed proprietary processes that produce anode powder for lithium-ion battery anodes.


TSXV:ERA - Post by User

Comment by Vercrusseon Aug 20, 2018 9:24am
182 Views
Post# 28485634

RE:RE:RE:RE:RE:Info

RE:RE:RE:RE:RE:InfoI understand the graphite isn't the big seller.
And I can also understand that they keep the produced graphite for the moment they start producing added value products in graphene.  Also I respect the work the team is doing.

BUT

Years ago they told us they were going to sell the graphite as well.  So did they change the plan? and if yes, can they tell us please.  Are they still producing graphite, stockpiling it somewhere OR did they stop.

Also R&D companies need cash for salaries, buildings, keep the mine open, .... so where does the money currently come from.  If there is no revenue, it means a bankloan or new shares = dillution. The sales of the graphite could at least generate some revenue.

And finally, I bought plenty of shares some years ago.  Money on which I lost a significant %.
I could have invested it in another company like largo resources.  Having a nice profit.

Not unreasonable to expect some updates news.  In last MD&A no info on what happened after April 1st.  Nothing I assume.

Even if that news is, no revenue for the next 2 years.  At least I know.

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