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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 FrozenInOntarioon Dec 16, 2022 2:43pm
111 Views
Post# 35176482

RE:RE:Thanks Ernieandbert

RE:RE:Thanks ErnieandbertMany thanks.   Do you believe they will be in excess cash flow for the July to December 2022 period ?  What i find interesting is that this will only be disclosed upond filing their annual financial statement.   I would hope that their financials be filed at the same moment they have their board meeting as disclosing excess cash flow is another positive sign in their turn around and should impact their SP, no ?   Of course, I do not want this stock price to go up before the 2020 RSU/DSU are history...

BTW, with the cobalt swap, we should see excess cash flow and mandatory redemption ?  As they delever, this paper gets more valuable which increase the odds that bond holders get more amenable to your idea of removing restrictions.

Would love to be able to buy a few juniors for my TFSA but will have to settle for common stock.

Agree on the ceo having made transformational changes.  Of course, it  helps to have nickel trading over $ 10+. 

GLTA


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