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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 sloopjohnbon Nov 24, 2023 9:29pm
79 Views
Post# 35752479

RE:RE:RE:RE:RE:RE:ANOTHER DROP IN NICKEL PRICES...MAY-DAY MAY-DAY MAY-DAY

RE:RE:RE:RE:RE:RE:ANOTHER DROP IN NICKEL PRICES...MAY-DAY MAY-DAY MAY-DAYrkhosla / all... just 2 questions (that were probably discussed and answered long before I showed up here) as to why S did not perform better in the past when Ni was higher as well as currently:

1) Revenue- how much more rev would S have made if their production hit target/did not slip, and they were then able to sell the same higher % of their production as in the past (when demand was a bit stronger)

2) Costs- really dig into their entire cost/purchasing structure... starting with, are the higher prices that S has paid/is paying for their inputs in line with other miners operating in unique jurisdictions where costs are typically naturally higher- in this case an island)? 

Btw I phrased the above as questions but please note I am not expecting anyone to put themselves through any more agony over this stock than some of you have already gone through and answer. I feel I am staring at "a riddle wrapped in a mystery inside an enigma." (W.Churchill)

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