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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 Maxmoeon May 26, 2023 7:05pm
21 Views
Post# 35466729

RE:RE:RE:RE:RE:Sherritt Investor Relations

RE:RE:RE:RE:RE:Sherritt Investor RelationsIf you're going to attack verificate, it doesn't help your cause when you wander far off-road from the path of knowledge. Give it up on the property tax. The "assessed" value is neither the accounting "book value", nor the "value" of a nickel plant. It might , or most likely might not, be the value of the real estate but industrial property taxes don't work like a residential single family dwelling in any case. Guess how much property tax the new Volkswagen EV battery plant will be paying for their $Billion brand new plant in Ontario ? ZERO. Your ignorance of this topic just becomes more apparent the more you attempt to argue. ITs getting funny now. You have no idea what the "value" of fort Sask is. I'll agree to that. As I already said, is it worth $10 B or is it worth ZERO? Maybe. But since I don't know either I'm not not going to dismiss someone else's off the cuff pie in the sky number as either right or wrong. It might indeed be worth $billions, to repeat myself, when you take into account the scarcity value of a nickel plant and the potential NPV of future cash flows that plant can generate. Now go google NPV and scarcity value. That should keep you busy all weekend. Or hopefully, longer. 
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