Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

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

Electra Battery Materials Corp

Bullboard Posts

Comment by Goldfatheron Jul 23, 2019 9:15am

144 Views

Post# 29950158

RE:Valuation

R2C- Great stuff as always. Yes this company has cash flow potential of $30 million as you said, the hundred $million dollar refinery value, and of course IC. I think we stay in the low share price for a while, maybe even until they actually start the refinery. As I see the Rockbottom cobalt prices keeping us
here ..... it seems like the cobalt industry has so many manipulators, from the DRC, to China, and then the different supply chains that seem to pop up all the time .
It will just be acumulation time all through 2020, then will need the full year of refinery revenues in 2021....and Cobalt to resurrect to life again. Talk about patience : )

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