Electra Battery Materials Corp V.ELBM

First Cobalt

[ustocks]

crosses  MACD  in a  bearish move.  back  to  30  cents

jmo

[TennisStar]

horribly ignorant opinion and technically, simple.

[ustocks]

sorry,but I have to keep it  as simple  as possible  on  bullboards.The complexity  would overwhelm some readers

[Goldfather]

not sure whats bringing it down today.... volume's pretty good.... seems like the finance partner announce is 30-45 days away .... hmmmm. //glta

[Mathematiks]

I like how you can justify your overly simplistic analysis by saying that you're otherwise going to confuse people, yet when I have challenged your opinion in the past, and asked you to justify your thinking, you're nowhere to be found. You're all talk and no show. I don't have a problem with your contrarian opinion, but I do take exception to your lack of detailed analysis and

[WernerD]

@ustocks: it is not that the "complexity" would overwhelm... You have to understand 1 thing...never use any chart analysis, fibonacci, resistance, support, moving averages etc.etc. at a junior company! Never! For me it seems you personally have nothing to do with finance markets.

[Goldfather]

not sure whats bringing the SP down today... volume is good...  and w/ the Finance Partner announce in 30-45 days.... hmmm... glts

[Fislan]

EV's are moving away from cobalt batteries. By the time the plant is operating many manufacturers won't be needing it so desperately.

[greenstar1]

 Paying off the debt on the refinery is projected to be less than 2 years. 100% of offtake for first 5 years can be sold to Stratton as per recent contract. Cobalt free batteries right now won't satisfy the NA market as people here don't want rinky dinky go carts - they want high performing vehicles that are safe with lots of range and that can have enough heat in cold weather. Don

[NorthernLife]

USSTOCKS: The implied move could happen but it is very speculative, just got to be able to react. Be as specific as you can be in order for credibility, not this 'its going to 0.3" FISLAN: Care to back up your claims? It takes time to develop/test such technology obviously keeping in mind QUALITY. As GREENSTAR1 has said, Not of any concern anytime soon

[Fislan]

As an investor I suggest you use Google and get educated on the industry. Telsa has identified they are moving away from Cobalt. GM has also stated their intention to use a cobalt free battery and are currently working on pivoting.

[Mathematiks]

We are aware of the paradigm shift to battery makers moving away from cobalt. This has even been acknowledged by the FCC leadership. However, the move away from cobalt will not come soon or easily. GM is targeting 2025 for a cobalt free battery but that is, at this point, a big what-if. And there is no guarantee that all battery makers will follow suit. Cobalt plays a critical role in the cathode

[red]

This is a great comment .... and further substantiated by some 200 or so reported giga or terra sized battery plants being built or planed the world over. Hang on to your cobalt 

[greenstar1]

Excellent post Mathematiks! I highly respect posts that are based on substance and that provide details to explain one's opinions and reasoning. Cheers

[Mathematiks]

Thank you. I don't claim to know everything, but at least when I have an opinion, I explain my thought process so that if my logic is faulty, hopefully someone will correct me. Its the same in school and at work - if I submit a report with a conclusion but no supporting arguments then my boss/professor will tell me to go fly a kite. 

[PlantManager013]

I agree with this - that's why I have invested in a cobalt company (FCC) and one which is likely to eliminate cobalt (Nano One). I expect a continuation of the demand growth for cobalt until the new technologies will kick in. Why not take profits from both streams? We are rarely being presented with a clear future winner AND have time to react before the price goes crazy. It's just a

[Goldfather]

Why is this dropping ?.......any theories ?  Market forces pushing down for a big buy before the Finance Partner  announce ?...impatient share holders?   ......anyone ? . TY 

[17Digger]

One answer is too much threat of a financial engineering share consolidation by a mangement that has no problem issuing more shares and would continue to do so after such a share consolidation thus forcing the price back down. Better not to consolidate or to issue further shares and get on with building value. Lets just get on with doing that, If we build big value then big funds will buy up our

[BarnFind]

I have been watching level II and the seems to be about 500,000 shares for sale each day in 3 platforms priced within .01 of other. This seems consistent with earlier authorized ATM sales by FCC of new shares. If I am right, it will continue for a while, resulting in share SP staying flat even with good progress on refinery project. Just me guess.

[greenstar1]

Hi BarnFind, Today I was pondering over some possibilities on why the price has dipped. Yours makes the most sense. Thanks for sharing. At least the ATM sales are for FCC's long term benefit and longer term I am also not worried due to fundamentals and further derisking that will kick once remaining financing is announced. Longer term means a few months to a year. Cheers

[greenstar1]

Fislan I have Googled for years about cobalt and others matters. What you stated is nothing new. What you are missing is the rest of the story and a whole bunch of context regarding the the topic of phasing out cobalt. I suggest you do more Googling as there is nothing new left for me to Google regarding cobalt and you seem to be missing a  wholistic perspective. If you don't believe in

[Fislan]

You make a lot of assumptions that are wrong. Keep your head in the sand. Facts are facts.

[Mathematiks]

Buck up or shut up. Straight up. 

[greenstar1]

https://www.mining-journal.com/m-amp-a/news/1408072/chinese-in-big-cobalt-deal posted April 12, 2021 and can be Googled. Excepts from the news article: Benchmark Mineral Intelligence head of price and data assessments Caspar Rawles said the deal represented a direct investment in cobalt from a tier one player and highlighted the long-term role of cobalt in batteries and ongoing supply