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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 Jordswordon Jul 24, 2020 11:28pm
134 Views
Post# 31318000

RE:RE:RE:RE:RE:RE:Consolidation?

RE:RE:RE:RE:RE:RE:Consolidation?

I read this as Trent and team simply keeping their options open. These guys are not new to this business and they see all of the potential scenarios that can arise ahead of time, such as good financing news and still no action on SP. At that point they may want to consolidate to attract attention. If news brings about the attention desired then no consolidation. The plan states such thinking quite clearly. Even if shareholders vote for it they might not accept it depending on market conditons. This tells me they are in the drivers seat 100% and will leave no avenue unchecked.

Everyone here is invested, including myself which is great to see but this is not for us to fret over. We are in good hands. Also, it has been stated before on this board and holds true that if FCC is linked to Tesla in any news release, even if it is because Elon farted and Trent smelled it, the SP will move in a big way. Perhaps it isn't Tesla, so Trent is covering his bases. 

Exciting times ahead! 

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