Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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.

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Sherritt International Corp > 4th Q Results

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Comment by rkhoslaon Feb 10, 2021 10:42pm

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Post# 32534147

RE:RE:RE:RE:RE:RE:RE:RE:RE:4th Q Results

The puts are out of the money Rock - and I hope they remain so - they will expire worthless. Only way to make 'big money' on those outs is if Ni drops below the strike which none of us want.... Still I'm ok with their insurance strategy

Rockafellow wrote: As expected the tonnage remains the same year after year but we r looking at a $1-$2 / lb increase with NI & $5-$10 /lb increase with COS4 this year which means money in ur pocket .
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Best news is the $9.3 mil put options which will realise very big return on money this year- a very wise thing to due as we all know where NI & COS4 r headed.
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I c a rise in share price.....

As expected, a fair assessment going forward...
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We should c 80 cents/ sh on the open tomorrow.