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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 Oaxacanon May 09, 2023 6:10pm
79 Views
Post# 35439602

RE:RE:RE:RE:RE:RE:RE:Fort Saskatchewan

RE:RE:RE:RE:RE:RE:RE:Fort Saskatchewan  Yes the Cubans might have to deliver 50% plus more Cobalt to satisfy the terms of the agreement if Cobalt pprces remain at this level. I was thinking more of the impact of lower Cobalt prices on the NDCC. And simply providing a data point in an area you have been inconsistent in data pointing on. 

I guess Yourfriendo will be even more adamant in his view that management  stop buying back notes and hold onto the undervalued cobalt, which seems to be getting more undervalued in his view every month. 

Big day tomorrow. The two times the company announced a tender for notes last year  coincided with quarterly earnings releases, Q1 and Q3. Will history repeat itself? 

Beyond my pay grade, but always interested to hear others views.


GLTA.
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