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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 Silverad0on Jun 14, 2022 12:14pm
519 Views
Post# 34755310

RE:Consolidation

RE:ConsolidationWe sure could have moved forward without this failure of a reverse split.  Never understood the logic and even less so now.  I know the markets in general are in the sub basement of the outhouse but sorry this RS has been a failure!
But hey look at the positive side.  We have a virtue signalling corporate culture now and a whistle blower hot line.  Just think of the profits from that!
Pre consolidated at $0.30 I could see first quarter 2023 the SP hitting $1.00.  Do you think the consolidated price will hit $18.00 in the same timeframe?  I have my doubts.  I know both scearios would have the same market cap but I think the former was more likely than the latter will be.
This is so time sensitive.  The closer we get the further it seems away.
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