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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 dothemathpeopleon Apr 06, 2022 9:50am
357 Views
Post# 34580066

RE:RE:RE:Finally! And long past due!

RE:RE:RE:Finally! And long past due!I have never seen a stock, post dotcom era, move significantly higher, after a consolidation.  18:1 roll back makes the stock = $0.277/share.  Then factor in the exchange rate of about $1.34:$1, and we are right about where elbm needs to be to clear the requirement.  Now the question becomes, will it stay there?  Additionally, to move from $5 per share, to $10 per share...the double everyone desperately wants...will take some kinda effort to make happen.  It is all relative now.  $0.34 is about the price, where they make the cut, all things considered.  Moving a $5 stock to $10.  Good luck!!!
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