Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

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

Electra Battery Materials Corp > The natives are restless

<< Previous

Bullboard Posts

Next >>

Comment by Silverad0on Jul 25, 2022 7:18am

427 Views

Post# 34847406

RE:The natives are restless

Goatburner you are too kind! The reverse split has been and will continue to be a disaster. I don't think this stock will ever recover from that I'll advised move. There was no need for it. A head or two need to roll over this. The other thing is cash flow. Get on it guys because the burn rate is now quite high and it would be preferable to pay salaries our of cash flow instead of issuing more shares. Which by the way is more the reason for the RS than anything else IMO.

<< Previous

Bullboard Posts

Next >>

How to navigate the ups and downs of investing in AI