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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

Post by rkhoslaon Feb 08, 2023 8:00pm
529 Views
Post# 35275954

All 166 pages

All 166 pagesWe've had this conversation before, but I agree with those who feel that sherritt's reporting is overly complex. On the positive side, this is how it seems they presently are hidinf some of their true value which will help us with the RSU issue. At some point however they need to take the covers off all this.  

A couple points on quick review. I think they've change some aspects of the reporting and actually improved it a bit. They seem to have more details around the RSU/PSU/DSU valuations, vesting dates, and liabilities.  Ndcc of $7 was a suprise.  Though I can find the JV information including quite a rise in inventory,  I cannot seem to find JV working capital number that many of us are fixated on.  Anyone help me here?
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