Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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.

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Sherritt International Corp > Share value

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Comment by CPA023on Jun 21, 2023 8:37pm

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Post# 35508260

RE:RE:Share value

With the decrease in the price of cobalt and nickel since the beginning of 2023, I think that the profits of Sherritt from the MOA joint venture for 2023 will be much lower than the 200 M I anticipated in December 2022. However, if Sherrit receives the full 72 M from the cobalt swap for the last 6 months of 2023, I think that Sherritt should be able to buy back around 100 M of the 2026 bonds by the end of 2023 instead of the remaining 2026 bonds.

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