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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 Mar 27, 2018 5:23pm
35 Views
Post# 27790191

RE:RE:RE:RE:RE:RE:RE:CHAPTER 11?????

RE:RE:RE:RE:RE:RE:RE:CHAPTER 11?????Thanksmr. Contrarian333 for your input and taking time to explain yourself !!! Buy I have to disagree with some of your points!!! Our $600mil+ debt at 12percent rates is chocking this money losing company to death...out year end report also outlines that we have to dump $93mil in current operation to replace and keep things go plus our $84mil ++ intrest expense we just kissed 2018 cash flow down the drain. This company is on life support! I think that's why they diluted us to death to keep this ponzi scheme going and it explains why "our" mgmt are selling there own shares,! I don't see things getting better. If they continue to lose money they have no choice but to file for bankruptcy and fix things up and make money. This is unsustainable.
Bullboard Posts