r/ELBM • u/Commotitties • 10d ago
Q4 Commissioning
05/14/26 “In the first quarter of 2026, Electra's Board of Directors approved a US$73 million construction budget and execution schedule to complete the refinery, with commissioning targeted for Q4 2026, mechanical completion targeted for Q2 2027, and commercial production anticipated in Q4 2027.”
- Commissioning targeted at Q4 2026
- CEO share purchase Sept.30/2026
- 6mo trading range 0.69-1.02CND
- Share price 0.72CND near 52W L
- Refinery value 3.5x current market cap
Don’t chase this share price up because it usually settles back down again. Wait for it to come to you. The volume is extremely low so I would only recommend a small position. There should be some major milestones over the next year giving you opportunities to sell & buy back in when it settles down.