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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

Comment by Stratocheifon Apr 09, 2022 10:20pm
182 Views
Post# 34591386

RE:Friday the 13th AGM

RE:Friday the 13th AGMA whole lot of nothing. That's what they do when they have nothing positive to say. They tell you about sustainability, esg and other nonsense. All I read from his letter is: 1) the Cubans are broke and there is no foreseeable change coming in that respect.....they may as well write off that 190 million. And probably by next year it will be 290 million that they are owed by thier deadbeat " cuban partners". 2) the challenges being faced from the US sanctions are not subsiding. 3) they didn't "reduce" thier debt. They just stole the money from the bondholders...yes I guess that's one way to reduce your debt but it's immoral isn't it. I hope someday a class action suit is brought against them for this. 4) they DID dilute shareholders BY 100% a couple of years ago, and again ....in that case where did the 240 million or so that they raised in that share issue....where did it go. Who knows. And he tries to spin all this ugliness into something that sounds like they're doing good things. Shamefull
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