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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 Jordswordon May 14, 2022 1:00am
151 Views
Post# 34683573

RE:RE:I bet they’re regretting the reverse split

RE:RE:I bet they’re regretting the reverse split

Some of you post as if you were expecting news of the RS to be the big SP catalyst for this company but it has actually damaged the SP instead. I will suggest that you consider whether a RS changes any of the fundamentals of the business plan in a way that increases the value of the company instantly, and that you also look at the charts for the DOW, Nasdaq and S&P500 lately and you just might have a light bulb come on. In other words, I would be shocked if Mell expected the SP to be $10 because he consolidated. Neither should we. He is playing the long game like he should, and, the markets are having quiet a correction lately. This is how I view things. 

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