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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 Ciscokid00on Jan 20, 2022 11:09am
204 Views
Post# 34337437

RE:Good news - but as usual the stock fails to respond

RE:Good news - but as usual the stock fails to respondGoat.. you are talking nonsense again. You sound desperate, why not just wait and see what happens when the refinery is built? A reverse split will send this stock plummeting downwards.. are you short on this stock or something? ELBM is currently valued at around 167 million.. what do you think it should be? They have 0 revenue, and limited opportunity for growth in the short to medium term. Thats why the stock price is where it is.. not the shares outstanding. Its not a tech stock you silly goose. Comparing to BPH is kind of ridiculous, at least compare ELBM to another startup. BPH makes around 60 BILLION in revenue annually, so its funny that you would even consider comparing the too. ELBM will never come close to that. I'm beginning to think you're on the other team with this stock. I see how the price has been consolidating for the past while, and I'm ready to wait for the big moves ahead in the coming year or two.. Good luck
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