RE:Nice to see we are finding buyers Yup, everything else on my tracker was in the red today but not Sherritt.
We just need nickel and cobalt prices to at least hold or improve.
Personally where I'm at I'm a hold while I pay off debt which frees up room to deploy cash if the opportunity presents itself. I think these interest rates are sticking around for a few years. While my other investments pay the interest I still consider it a cost in holding S (no income on this so the hope is capital appreciation and or a dividend). If this supposed recession takes hold and S goes sub $0.40 again I might buy more.
I know it takes some speculation, Does anybody have any modelling around nickel price/cobalt price and when we could reasonably expect Sherritt to be debt free and able to pay a dividend? 2 years? 3 years?