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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 JoJoRabbit11on Sep 11, 2023 5:08pm
202 Views
Post# 35630225

RE:Contrarion’s April 2018 Prediction

RE:Contrarion’s April 2018 PredictionIt amazes me how you have never grasped this concept even though it was proven to you in last years run up in the nickel price.  The "torque" referred to is the cash flow which racheted up substantially in the presence of higher nickel prices.  Its as plain as the bulbous nose on your face.

As to how the share price responds or does not  respond - as Contrarian said in a prior post "that is above my pay grade".

Sustained high cash flow (the torque) from a positive and sustained higher nickel price gives the Company the freedom to do those things which "should" bring attention to the shares i.e. a substantial issuer bid.

So the "prediction" was quite correct - higher nickel prices torqued Sherritt's cash flow.  How the share price has responded to date is all of our frustrations.  
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