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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 Dec 08, 2022 1:09pm
145 Views
Post# 35159591

RE:RE:Macroeconomics 101

RE:RE:Macroeconomics 101Im with you digger and then some.  I am convinced the terrible performance of this stock rests with the front office.  Top of the list is the RS and a pet peve of mine is the length of time to get anything done.  I have written in the past about the size of the management team which is rediculous.  The fact that they are a highly educated group of P.Eng's, economists and 4 MBA's.  All of whom apparently dont know how to do a feasibility study.  Its not like they dont have a lot of time on their hands and from their education should be very skilled at completing a feasibility study.  If they dont know their business plan and the road to profitability by now then why are they there?  10 Highly educated, supposedly with world class experience, large compensation package, unproductive, late, BS artists.  I dont include Sabrina here as I bet she is paid the least and produces the most.

We are down again today and I do have a mix of red and green when I checked my portfolio an hour ago.  Its not the market folks.  WOKE and this ESG flavour of the day DO NOT PRODUCE PROFITS.  WHISTLE BLOWER HOTLINE.  Yup we better have one of those instead of reveiwing shop drawings and ensuring tanks etc. that are delivered meet specification and design requirements. 

I do beleive Trent has to go and half of the suits with him.  They are not a group that knows how to get things done and for the size of the business, based on projected revenues, about 6 of the suits should be let go. 

This could be and should be an $18.00 stock right now.  I beleive many others see it the same way I do and that folks is why we are in the basement of the outhouse.

I really hope the sells lately are not based on some insider knowledge.  Like how is the black mass recycling effort going?  

Selling for Christmas.  Ya right!
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