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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 Oct 30, 2018 8:45am
63 Views
Post# 28892937

RE:Contrarion's Folly

RE:Contrarion's FollyWhy are you wasting your time with that moron Contrarian333, that born loser dosent know when to shut the fukc-up!!!!!!!as for BJSHORT I hear you bud, last year I was the one who wasbringing up chapter.11 for sherritt!!! No one was listening even though the stock was well over a buck, but when pathe and mgmt diluted all of usfor peanuts, I knew at that point that thisthing is toast.....the only thing that can save sherritt and bring some confidance back is a successful block 10 program! But judging by the share price collapse, I strongly believe bad news has leaked from block10 so I'm confidant that block10 is a total dud, the end!!! As for debt levels, it's hight but remember they got $225mil in the bank I think? And the Cuba govt does owe sherritt $120mil+ maturities are a few years away so really net debt can be manageable if nickle prices can stay above $7usd per pound, and cobalt in the$40s but nickel prices aren't going up any time soon, if prices do stay depressed for a sustained period of time sherritt won't survive and it looks to me nickel prices are in the gutter......if on oct31 sherritt does report bad block 10news in my opinion they might aswell file for ch11 bankruptcy and re-work a better deal with bond holders and try to reorganize this dump of a company so it can make .obey at $5.00 nickel, oh ya. Get rid of pathe!!!!! Have a nice day
Bullboard Posts