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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

Post by baeon Nov 18, 2021 9:18pm
307 Views
Post# 34143711

RE:RE:RE:RE:RE:Looking forward to the consolidation

RE:RE:RE:RE:RE:Looking forward to the consolidationI think Trent left this cosolidation door wide open and for good reason.

Maybe Trent is planning an other share offering / privat placement selecting privilaged , those that will play and be big buyers once the cat is out of the bag.
Keeping what he promised to move the stock higher upon consolidation.
Institutional investors can engage into deals like that. Buying penny stocks and have the guarantee that once bought , a roll back is forthcoming before their next reporting.

Just maybe there will be more dilution before we see a roll back. Hence, having to provide an expanding range formula of consolidation to accomodate such a plan.

Just my thoughts.
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