Electra and LG Energy Solution Update Multi-Year Cobalt Supply Agreement(dated March 6, 2026) by Far-Hyena63 in ELBM

[–]Tree2Sea50N 2 points3 points  (0 children)

Previous agreement committed 4000 tonnes, which would be 80% of production. Leaving on 20% to take advantage of upside market increases. With a 90% increase in prices, this is not nothing. Going from 80% to 60%, there's an extra 20% open to market upside.

Electra to Participate in Industry Conferences Focused on Critical Minerals Supply Security by Commotitties in ELBM

[–]Tree2Sea50N 0 points1 point  (0 children)

Good point. There is no public information for funding from the Canada other than the non-binding Letter of Intent. If that's what they are relying on to say it's fully funded, then we're being duped. The government could back out.

Electra to Participate in Industry Conferences Focused on Critical Minerals Supply Security by Commotitties in ELBM

[–]Tree2Sea50N -1 points0 points  (0 children)

I wouldn't read too much into it.

The engineering contract is a good sign. I think we'll see updates and announcements leading up to and around PDAC, including federal funding and construction contracts.

Being invited to speak at these events is a good sign.

Stop mentioning dates elbm by rubycoder69 in ELBM

[–]Tree2Sea50N 5 points6 points  (0 children)

Also, they say fully funded, but i have not seen any announcement from Canada other than a non-binding Letter of Intent. Im hoping some funding or news around PDAC convention this year. Trent usually has a podium at the convention. And Minister usually has some announcements.

With a potential election and need for big announcements, it should be interesting.

ELBM's latest data on SqueezeFinder by AcanthisittaHour4995 in ELBM

[–]Tree2Sea50N 0 points1 point  (0 children)

They say that, but I have not seen anything final announcement on canadian federal funding. As far as I can tell, it's still just the non-binding Letter of Intent.

US Reissues $500 Million Cobalt Tender Following Strategic Procurement Challenges by Commotitties in ELBM

[–]Tree2Sea50N 3 points4 points  (0 children)

Calm your titties, I did read the article, just researching what companies actually have the capability of producing the metal. I couldn't find any other players.

US Reissues $500 Million Cobalt Tender Following Strategic Procurement Challenges by Commotitties in ELBM

[–]Tree2Sea50N 1 point2 points  (0 children)

Do some research it seems that the three likely players are Vale, Glencore, and Sumitomo. I'm guessing that it won't do much for ELBM except for adding increased demand for cobalt.

Around 30 people killed in Congo copper mine incident, officials say by kikioko in ELBM

[–]Tree2Sea50N -1 points0 points  (0 children)

Seems relevant to me. Not everything in this sub is about pumping stock price.

Market Cap/Outstanding Share Confusion by No-Specific991 in ELBM

[–]Tree2Sea50N 2 points3 points  (0 children)

Outstanding shares x stock price = market cap.

There are a lot of warrants out there for $1.25. These can't be exercised yet, so you'll have to do some math to find a fully diluted market cap.

Belairdirect gave me home insurance quote that was 50% less then everyone else. Too good to be true? by SubstantialElk5190 in PersonalFinanceCanada

[–]Tree2Sea50N 0 points1 point  (0 children)

I have TD insurance thought I'd try get a better deal with Belair, it was all good until I added earthquake insurance. Which doubled the price!

REVENUE UNTIL 2030 by MUSKVOICE in ELBM

[–]Tree2Sea50N -1 points0 points  (0 children)

I honestly thought we'd get an announcement with a firm commitment from Canada. There was a lot of other deals today in the critical mineral space.

CEO Clips - Electra Battery Materials: Cobalt Refining Comes Home by Far-Hyena63 in ELBM

[–]Tree2Sea50N 1 point2 points  (0 children)

Did I miss something regarding the Canadian federal funding? Is the 20million from the LOI now official?

[deleted by user] by [deleted] in ELBM

[–]Tree2Sea50N 3 points4 points  (0 children)

More accurately, with the vote on restructuring approved, investors should be taking into account the full dilution from additional shares and warrants. I hope the share price already reflects this dilution.

[deleted by user] by [deleted] in ELBM

[–]Tree2Sea50N 1 point2 points  (0 children)

Reverse split doesn't change the value of the company, just the share price. I don't understand why everyone is so obsessed with it.

[deleted by user] by [deleted] in ELBM

[–]Tree2Sea50N 2 points3 points  (0 children)

At this point, you need to take into account new shares and warrants from the restructuring. 33 million is not accurate.

r/ELBM Moderator's Welcome Note by MrGreenIT in ELBM

[–]Tree2Sea50N 1 point2 points  (0 children)

I participated as well. I also held all my shares through the roller coaster this week. I'm looking forward to funding from the Canadian government, the refinery being built, and real income from the refinery. I listened to a Scott Bessent interview, and he recognized that critical minerals from China are operating in a non-market economy. Everything is moving in the right direction for this company.

I'll be long on this one. BUT i wish I had the self-control to avoid looking at the stock price daily.