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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 Feb 20, 2019 10:03pm
147 Views
Post# 29391711

RE:Nickel price delta

RE:Nickel price deltaContrarieon you mean $50mil usd right? Sherritt reports in $cad so it's actually $67mil cad :+). But let's face it, bucko. Sherritt gets interesting after $8.50usd. it needs excessive cash flow to attack it's debt and shore up money for a new growth venture and possibly diversify outside Cuba for there next big fish....at it current $5.75 nickel.this company is boring.. . They need to reduce outstanding shares aggressively, they need new ideas, dump madasgar, and block10 is shaping out to be a disaster here, when they brought up "joint venturing" block10 to me it means it's going to be alot more expensive than planned. But let's face it who the heck wants to through good money into Cuba, with a government that dosent like to pay, is always late and in my opinion broke. Besides any company who invests in Cuba might create suicide since that action alone could jeopardize their product entering any supply chain form into the USA....I don't see it happening, sherritt is alone on that one. And why would anyone want to j.v with a company like sherritt when its stock is down 95percent in the last 10years??? LoL
Bullboard Posts