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Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. It is also the independent energy producer in Cuba. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.


TSX:S - Post by User

Bullboard Posts
Comment by FederalReserveon Dec 30, 2017 1:17pm
171 Views
Post# 27251456

RE:RE:S@$1.75 CAN I PLOW BBD's WIFE NOW? HIP HIP HORRAY!!!

RE:RE:S@$1.75 CAN I PLOW BBD's WIFE NOW? HIP HIP HORRAY!!!My conservative estimates.......Cuba nickel. 42 tonnes gross production or 21k tonnes net to us....Madasgar 44k tonnes gross production or 5280 tonnes net to us....we will produce 26k tonnes of high grade nickel. If we hit $7.50 assuming this E.V hype keeps playing out and LME inventory keeps eating excess stockpiles of inventory than why not(pretty conservative) cobalt at $39per pound USD!!! It should bring production costs in Cuba @ or below $1.50 pound and under $2 in Madasgar which is smaller intrest now. All together combined are cost will drop to below $1.75 but let's use that for "conservative estimate" 26k tonnes X 2200lbs per metric tonne(I'm sure that's what they use) =57. 2mil pounds of amazing nickel for us!!! Multiply that Figure by 5.75pound($7.50-1.75 costs)=329mil profit in USD of course :+). Now let's move to oil biz....10percent production rise over 2017 gives us 8500barrels a day net to us of heavy grade oil. We won't be getting wti or Brent pricing but I got those grades heading towards north or 70bucks this year so 15percent or more rise. We should follow suit but probably at 10percent rise up. This should spot for $45-$50 USD per barrel so let's use 47.50 barrel-$7.50 barrel to get oil out of ground since we did it for 8 bucks in 2017 and with production rise, costs will drop, common sense!!! 8500 barrels X 365 days= 3 102 500 barrels of crude X 40 bucks net = $124mil profit plus nickel profit were already over $453 100 000 USD profit and I'm not including the juicy power biz or fertilizer so add those figures in!!!!! But for now let's use $ 453mil USD being conservative I can't estimate tax rates but I know we got the 1.3 bill debt elephant out of the room and it's ridiculous intrest payments. But the $453 mil USD is net profit production before taxation, (gross profit)if they keep production levels same at there mines, 10percent rise in oil production and pricing and $7.50nickel price....$453mil USD translates to $575mil cad!!!! Those are my numbers. Oh my $700mil USD estimate was fudged since madadgar big plan was to produce 60k of nickel per year so our stake would be 7200tonnes. I don't think we will be there in 2018 year end, but if we can show wall st were headed towards that goal in 2019 they will price it in, in there profit projection going Frwd...wall Street/bay st like pricing in 6month horizon cycles. But if we head towards that, it significantly reduces cash costs and our net production. Thats where $700mil comes from !!! I'm open to suggestions or if my numbers don't look fine please respond, thanks guys. Happy new years.
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