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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 ElJon Sep 15, 2021 12:20pm
202 Views
Post# 33862190

RE:FCC and it's aversion to Good News.

RE:FCC and it's aversion to Good News.Goatburner,
                    You are a feet on the groung person, bit I respectfully disagree that "the sad part of it is all the positive announcements made over the past several months are lost". I think that I understand what you are saying in terms of stock-price momentum, but Government support at Fed. and Provincial levels is "not lost", identification of the latest funding structure is "not lost", the process sheet pilot proving and refinements are "not lost", the very significant strategic agreement on purchase of feed as distinct from being a process services provider, is "not lost".
The issue about consolidation of shares is clearly recognized in the public domain by the company and for good reason, in terms of being perceived by Institutional investors and the lending community as more than "a penny stock". Both of us I believe agree that while the marketplace does anticipate, there is still a long way to go between now and when a restarted and expanded commissioned plant, is producing at the target capacity rate and providing good free cashflow in Q1, 2023.  I suspect also that multi $millions will be "required" to support strategic advancement of the Idaho mine before FCF from cobalt production is available. I eleminate from next 18 months, beyond awareness and general initiative support, any cash flow (in either direction) which can develop between Kuye Silver Corp. and First Cobalt in the Kerr Lake area as also the battery recycling program, which I see as cash requirement in the 2-3 year horizon.   

Patience or the agility of risky timing, seems the retailer choice here over the next 12 months,

Peace,
Good Decision-making to All,
ElJ 
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