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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 17Diggeron Nov 24, 2022 4:33pm
193 Views
Post# 35126283

RE:Dividend announcement ...

RE:Dividend announcement ...An executive promise to stop diluting ELBM shares would be even better -  but our management is addicted to it - so the market correctly sinks our share price in response to the increasing dilutions.

What are we diluted down to now - about 18 cents a pre-consolidated share?

Maybe the solution is to pay them entirely in our ELBM shares bought on the market - no cash - no bonus - no units - no options - only in the shares they continue to water down .. It would be like eating your own cooking.

xx

Do you think share dilution would be their solution then, or would it become more important to make earnings?
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