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 > FCC Working Capital

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Comment by stockdoc73on Sep 23, 2021 11:27am

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Post# 33905017

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FCC Working Capital

Silly me. When you stated, " Once they disclose just how much cash they are burning throught trying to get this refinery lit, lenders will have less confidence. It's a money pit, period." I simply aksed you for a number. Perhaps my command of the English language needs to improve, but when a company estimates what their cash burn will be to reach their goal and a statement such as yours is made about the cash burn, I thought that there might be some substance behind it.
So now you show me where I said there would be no cash burn.
Thanks

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