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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 Apr 16, 2018 4:34pm
20 Views
Post# 27893491

RE:RE:RE:No Chapter 11

RE:RE:RE:No Chapter 11I'm American we use ch11. Sorry rad10.....but a strategic so called "ch11" or whatever you call it in Canada can be used as a creative tool to clean up the company for example finally dispose madasgar clean and free, they can use it to get out of any long term lease agreements such as Toronto financial district rents, get rid of expensive fat on the top, and I'm sorry Sherritt can't afford to fork over $54mil a year to bond holders especially if q1 shows more losses, they need to re-organize this debt problem and maybe restructure the company and incl bond holders in the new creation of Shertitt in exchange for bonds to ownership in the new entity!!!
Bullboard Posts