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Bullboard - Stock Discussion Forum 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... see more

TSXV:ELBM - Post Discussion

Electra Battery Materials Corp > important point
View:
Post by ustocks on Jan 26, 2021 6:45pm

important point

``Right now, we're working on the debt financing for the remaining amounts``

I expect  another drop  to the low  to  mid  20s   for financing.

dyodd
Comment by TennisStar on Jan 26, 2021 7:01pm
That's clueless and ridiculous.
Comment by Toront on Jan 26, 2021 7:17pm
Finally it will be stable price can you go up. All financing stuff is making this company more strong down the road. We will be looking at share price in a stable manner with the price go up it is just like all other good companies shares. 
Comment by AaronEggs on Jan 26, 2021 8:19pm
? It's dropped pretty heavy during this first round, most of the support is knocked out in the upper 0.20s with support in the lower 0.20s
Comment by Waterfall89 on Jan 26, 2021 9:48pm
Just take a look at the cobalt price performance this month. You guys are fools if you don't believe in fcc. We will be producing the best cobalt sulfate in the world, everyone will want it. 
Comment by Toront on Jan 26, 2021 10:01pm
You are correct I think the FCC price will be starting from $1 to all the way down to $20+ in the next couple of years when's the refineries in full operation. I bet you. 
Comment by BarnFind on Jan 26, 2021 10:48pm
Bank financing is the final piece to get refinery build going. There is enough in place - feedstock from major players, significant government support - should also lead to easy expansion permit approval, hot growth in OEM investments with near term product rollouts, Biden as USPresident talking about shifting ALL government vehicle purchase to EV --- investment risk and timeline as set forth by ...more  
Comment by greenstar1 on Jan 26, 2021 11:55pm
I agree with you BarnFind. FCC now has enough cash raised and existing equity (i.e. refinery, resource-laden land in US and Canada) that bank financing should hopefully take care of the rest of the financing, especially in the low interest environment that we have. Then factor in the value of the cash flow once production starts.
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