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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 Jul 25, 2019 2:05pm
147 Views
Post# 29960264

RE:Where is Fed?

RE:Where is Fed?Fed is here but has no interest in Sherritt. If block10 was a hit then it would of been announced by now as mgmt previously stated before that results would be released before end of q2, were are almost 1 month in Q3. My prediction will be that poor block10 news will be incorporated in Q2 results and some glitter of hope will be possibly mentioned in the last sentence as they do always!!! I have already written of block10 and so should all of you. Basically all you idiots have here is a company that produces aprox 39mil pounds of nickel per year and some cobalt that won't be a major factor for quite some time and there's over 400mil shares outstanding, $600mil debtload, $54mil/yr intrest expense or almost $1.50pound on nickel and $74mil/yr on cap ex or $2.00per pound on nickel. $4.50pound cost to get nickel out of the ground at weak cobalt price value added in the equation and you got all-in costs of $8.00 per pound break even. So at current $6.40 pound there still losing money if you include "all-in" costs......I'm out. ,!!!! Even if nickel goes to $10pound and stays there for entire year they will on gain $80mil usd or $105mil cad not enough to buy it's entire obligations on next set of bonds maturity which is due in 1.5yrs from today & nickel as a long way to even reach $8/pound.....this E/V boom is a hoax. The USA and China are subsidizing E/V purchases at an incredible loses in which it's about to come to an end any minute now, and then consumers have to pay its true costs which is a huge rip-off compared to other alternatives... Long are the days when consumers use to buy a car and run it to the ground. Today consumers flip cars every 3years so in 3yrs there is no fuel savings to recoup pricey E/V prices especially when USA & China kaibosh there lucrative subsidy program. Nickel demand is all stainless base for mAny years to come. Wake up everybody Collinswhitner is a fat fukcing pig and a degenerate liar. Don't listen to what that loser guizzer says... Sherritt is dead to me....
Bullboard Posts