Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Marshallon Dec 16, 2020 1:19pm
353 Views
Post# 32119796

Looking forward

Looking forwardToday's announcemnt of a 10 million dollar infusion of cash should be very reassuring to investors, especially those unfimiliar with what to research or look for.  The Governments just did the research for you.  They are not known to be risk takers so you can now feel a lot more comfortable with your investment.  Don't be fooled by the trolls who are waiting to show up shortly as they are already planning their next attack. 
Next we can expect private financing to follow fairly quickly now that the governments have taken the first step.  I'm expecting a feedstock announcement to follow shortly.  I'll stick my neck out by speculating that a deal with Vale is in the making. 
A lot of the risk is now out of this stock and it looks like the refinery is now a go!
I'm going to speculate that next year we will see a partner come in on a joint venture for the Ontario properties.  The fact that were already doing a bit of work is a pretty good indication of that. 
All this being said, it's all good from here.  Stay focused on the ultimate prize and have a great holiday.
<< Previous
Bullboard Posts
Next >>