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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 Goatburneron Apr 17, 2022 4:04am
601 Views
Post# 34608130

It's been quite a week.

It's been quite a week.Long awaited reverse stock split finally here. For me, the jury is out -although it had to happen, not sure what the future holds, but then again nobody really does do they? I appreciate the new volatility. Gains going up or down are worth 1/18 of their original value. Hoping for the best always - but for the life of me I can't understand why the leadership allowed this to happen. This team comes highly recommended, yet somewhere along the line they thought having 521 million shares outstanding was a good idea. It clearly was not. Will hold at the moment but sleeping with my shoes on in case I got to get out the door quick. As always best wishes all and we'll see where this goes.
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