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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 WernerDon Sep 23, 2021 4:38pm
194 Views
Post# 33909205

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FCC Working Capitaldothemathblablabla won't give you an answer, simply because he doesn't have it. What kind of cash burning is the guy talking about ? Here, at fcc, funds are used to put the refinery into operation.

Where is there a cash burning at the moment ? I'm so sick of reading things like that. 2020 all the b.s. with "we don't need cobalt anymore"; now this talking about scenarios for which there are not even any signs. Possible distortions in the global financial markets are announced and so on. Of course there can be. No question at all. But then please "don't buy shares".

Save money on the savings account, put it under the pillow or do something, but please do not buy shares! Because tomorrow the world can end.
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