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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 Sep 30, 2022 1:31pm
296 Views
Post# 34997964

RE:Electra during economic downturn

RE:Electra during economic downturnGoatburner.  This downturn is bad for sure and its world wide.  It has been caused by governments that are more concerned with getting re-elected at any cost than they are with any kind of prudent management.  Then the public elects idiots and incompetants like Trudeau and his ministers, demented Biden, woke socialists like the EU, on and on.  My point is we are in a real bind, we have done real damage to our economies and have set unrealistic goals further handcuffing and damaging our economies.  The EV revolution is in peril becasue without government subsidy money it isnt going to happen.  For me the writing has been on the wall for some time.  That is why I have constatly calling for TM to hurry up and get the facility on line.  If it gets delayed again, we will have missed the boat, the available government money will have dried up and so will the SP.
We are still haunted by the reverse split.  I highly doubt we will get to $18.00 but we would have gone well above $1.00 had they left the number of shares alone.  In fact there were people in the know that felt $3.00 was atainable while $54.00 likely will not happen.  Its all in the perception.
I still beleive I will see a SP that will give me a better return than say bank stocks.  Just not what it could have been.
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