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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

Post by docksitteron Dec 14, 2018 4:40pm
181 Views
Post# 29118046

A ship without a rudder

A ship without a rudderFirst Cobalt had a mission to amalgamate Cobalt assets and they accomplished this.
They even had assets in Africa that they quickly cancelled once they realized that owning conflict Cobalt was a bad idea.

They purchased a production asset without any ability to operate let alone a leader who understood running a company with Cash Flow

We have all lost money on this deal and I smell a bigger loss soon.
Volume is down 
No support for the share price

Trent likes to make video's but not money.
Time to go Trent find a new leader who can make us all believe you have lost the room.
Maybe you have found your calling go make movies. We dont need anymore of your lost in space video's discussing drill campaigns we need to make money.

Hope there is someone waiting in the wings ready to take the reigns.
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