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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

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Post by Silverad0 on Jun 30, 2021 11:21am

Financing

Hey there Mr. Trent Mell, what about an update for your shareholders!  I think we are owed that much.  Its about time dont you think?
Comment by Goldfather on Jun 30, 2021 11:35am
ditto Silver !  Was thinking same. After all this time they've been promising Q2 finance partner finalizing..... and here we are with nothing.  And if we (said nothing) they'd do nothing !  Seriously , this group will try and get away with telling  and disclosing as little as possible.     And I know  they read this board....watch we'll now get ...more  
Comment by Silverad0 on Jun 30, 2021 12:17pm
Goldfather.  I dont get it.  I really dont.  So we have this "only permitted cobalt refinery in North America".  Ok.  Great.  Now do something with it!  We had a demonstration run and apparently the process works.  Ok why not keep running and producing and generate some cash flow and develope a market or two.  It won't be long, as in the ...more  
Comment by Goldfather on Jun 30, 2021 12:35pm
All good points Silver. They just keep dragging their feet. Yes, securing 60 mil isn't easy for a penny start up w/ no income. I get that. But they have a good  business plan , and a mostly permitted plant and existing building..... along with  funds in their treasury.    As I mentioned , I think there's a lot they're not disclosing here . There's something ...more  
Comment by Silverad0 on Jun 30, 2021 12:49pm
Yes, I have the same feeling.  Maybee its wishfull thinking.  But I cant get past the question why leave the plant sitting idle when you could generate some cash flow and be a business worth lending money too?  I agree there is something else going on here and its either a lot and worth a lot or SFA and worth, well SFA.  Which is it?  I think Trent owes us an informative ...more  
Comment by Goldfather on Jun 30, 2021 1:32pm
Let's just hope for the best. We ( seem ) so close now after all these years waiting for the  or (a ) refinery to open and make revenue and Jack up our SP.    I say (a) refinery b/c remember the  12 tpd refinery we were (so close) to get opened ? ..... and last minute he switched to a rental-lab off campus. Now we're so close to official final announcement declaring the ...more  
Comment by Silverad0 on Jul 01, 2021 7:20am
Now it's a 22 mt facility.  This is not good. Again Trent Mell what is going on?  It's time to call a shareholders meeting and come clean with the people that actually own FCC!  What about it?
Comment by Jordsword on Jul 01, 2021 11:01am
I see 25,000 tons in 2022 with phase 2 adding another 1500 tons to that. This is from the front page of their website. Where did you get 22mt?
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