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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.


TSX:S - Post by User

Sherritt International Corp > 4th Q Results
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Comment by mas75on Feb 11, 2021 11:40am
98 Views
Post# 32538138

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:4th Q ResultsCould be because the oil site is mature with rapidly declining production flows. Costs have risen substantially the past few years as it has become more challenging to get oil out of the ground at the current location.

they need to find a new site if they want to continue in the oil business, but have spent millions trying to find and develop new Cuban deposits without success. S doesn't have much free cash to use to explore new oil deposits. Catch 22 - it takes $ to make $...

mas75
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