Electra Battery Materials Corp V.ELBM

Good news - but as usual the stock fails to respond

[Goatburner]

Good morning all. A great announcement today from Trent. Things are looking up - but no bump in the stock price. As per usual. As an investor - you have to ask why you're here.. no amount of good news can bump up the stock. And I know Trent or a staff member reads the forums to gauge the sentiment of the investors. Though it might be an unpopular opinion clearly a reverse stock split is absolutely necessary to get this machine going. Our current float is massive considering market cap value. For example, t,.he market cap of BHP is 144.56 billion and the float is 2.52 billion. The market cap of ELBM is 162.97 million - and the float is 543.87 million. Anybody see a major disconnect there? Trent does. We absolutely need a reverse split sooner than later. It's no wonder why this stock isn't going anywhere on good news or even bad news- it's just too diluted. Bring on the reverse split Trent - let's get the ball rolling, all the best everybody.

[17Digger]

If you think this stock has too many shares then you better tell management who just created millions more for themselves in their new new incentive plan scheme.  When we get revenue the share price will jump - if management stops diluting. If we consolidate shares,  do you believe they will then stop diluting in this way?  Think about it.  ..  Revenue and no more share

[greenstar1]

Very well said 17 Digger. I agree and those are my thoughts as well. Let the truth be mixed in with the news releases to reflect reality

[Ciscokid00]

Goat.. you are talking nonsense again. You sound desperate, why not just wait and see what happens when the refinery is built? A reverse split will send this stock plummeting downwards.. are you short on this stock or something? ELBM is currently valued at around 167 million.. what do you think it should be? They have 0 revenue, and limited opportunity for growth in the short to medium term. Thats

[NatureBoy]

Spot on, Ciscokid00! Nonsense passing for insight here. Management has been constantly diluting  with additional issuance of shares and options... while $0 revenues yet to be earned. Build the refinery and see what happens. A reverse split before any revenue generation will see this stock plunging further. I, too, am patiently waiting for the big moves ahead... but losing patience with navet

[NatureBoy]

*naivet

[Goldfather]

totally agree w/ Cisco and NB ! The refinery will be open and producing revenue late 22' , and big Off-takes coming soon . Best to let those take hold first. And management has basically admitted such.....Those pushing for a RS now have alterior motives. 

[Silverad0]

Ciscokid00  totally agree.  Reverse split is a bad idea.  On the surface good news has no effect on SP.  The dilution has to stop.  Its all wait and see at this point.  Trent and team keep getting more ducks in that row but withoud production and revenue all those ducks will be just road kill.  I really dont understand why we are not dealing with black mass now.&