Electra Battery Materials Corp V.ELBM

Educated gamble

[MTwallet]

You guys realize this is a start up eh? The numbers work out. When they get this refinery done and operational the money will come in. Imo Trent has been extremely transparent with the operations. He disclosed in the conference call they ran into supply shortages and inflation issues. Any idiot could have guessed they would need to create shares for funds. I don't think they needed to do the Rsplit as they mentioned it would attract institutional investors (institution money does not allocate to companies that are start ups, maybe 2% of their portfolios) could have waited for that. Now it's just a waiting game, they might follow thru, they might run into problems and the stock could be cut in half again. Who knows. Educational gamble. Will be a 10$ stock if they follow thru tho. The money is there and demand is there.

[Rockafellow2]

Thank you Mr wallet.... I can sleep better now... Paaaaaatience!

[17Digger]

Do you mean this will be a $10 stock before or after the consolidation price? Pre-consolidation it would be $10 /18 = about 55 cents a share Is this your target price?  If so, it is not much of a return for long suffering shareholders ... Financial engineering creates wonderful mirages doesn't it .. xxxx

[Rockafellow2]

Digger ... Are you willing to sell your wife and dog to buy some elbm stock at 12 cents US? Xxx

[MTwallet]

Don't listen to me... listen to the pros. 'Hc-wainwright starts Electra at 7.75$ per share'(American)  why I'm bullish on this company 1) 'Justin Trudeau forces china to divest out of multiple Canadian critical mineral companies'. IMO probably the biggest and most impactful news to come out of Canada in 2022.  2) 'the average Ev needs 20 times the copper

[555rookie555]

I agree the macro economic conditions are perfect for this company, and, if managed correctly ELBM could transform very quickly into a multi-billion dollar market cap. The key 1) revenue online 2) managing the operations to maximize margin, 3) growing ( developing mines and expanding efineries) I hope they pursue vertical integration and develop their own cobalt mines first before diversifying

[WernHerr]

555rookie@ Good comment and yes they (management) can. And will make it

[DoekeGouda]

I agree as usual with Rookie, the most important steps to do, are: 1- blackmass refinery 2- cobaltsulfaat 3- above all: we all do hope the management pursue vertical integration and develop their own cobalt mines first before diversifying into nickel refineries as I believe focus typically results in best results. 4- nickel refinery Just my opinion  P.S. although I am a real Dutchman,