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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 27, 2019 11:42pm
205 Views
Post# 29680105

RE:RE:SHERRITT IS TOAST !!!

RE:RE:SHERRITT IS TOAST !!!Block 10 is a gamble, western Canada is on sale. SHERRITT has gambled enough and lost. Go for the sure thing(Westen Canada) and with $2.5mil coming in per month and SHERRITT having enough cash to buyback cheap 2021 bonds it makes the most sense. In a few years cdn natgas will be exported intl so the time is right. If they can build a nice asset base in montney/cardium/etc with the recievables why not? With 400mil shares outstanding you can easily build a nice portfolio here and give these shares something worth buying for. $140mil in recievables could easily build 10000k-20000K in 2.5 yrs using that cash flow and invest some of it but could get really interesting
Bullboard Posts