Sherritt International Corp T.S

Enegy metals demand

[thenorthvanman]

Miners see masive demand ahead. Forecasts for Ni price is not realistic given demand growth and incentive price needed for new mines. https://www.northernminer.com/editorial/demand-for-energy-metals-will-be-massive-glencore-ceo-says/1003826505/

[rkhosla]

NV Man - thanks for this - super bullish article (seems especially so for copper) but a bit of a let down to see the 2021 Ni average predicted at $6.22 (that's below our hedge).  I've read many similar forecasts and they all seem to say the same: soft year ahead but then the medium and long term look bright.  Personally, I see 2021 maintaining Ni above the mid $7's and a

[thenorthvanman]

To be clear they are bullish on both demand and price but their forecast looks out to lunch.  While the BMO report (  that is where those numbers come from) came out this Dec. it is clear that their forecast was made in a sub 13000/tonne environment.  The chart that accompanies the report shows nickel rising from 13000/tonne to about 15500/tonne next year. One thing about

[rkhosla]

I think One of the frustrations of being a long time shareholder, A long time and very underwater shareholder, is that this EV/class one nickel boom has always been "just around the corner". I see that in the reports I read now. They all seem to say "the next year or two might be soft, the market is in balance, but five years out we see a spike".Investors in Sheret are hoping

[oceaneleven]

The Sherritt chart is beautiful!!!! We have set up nicely for shareholder value in the New Year!!! The magical fairy dust will be sprinkled here next week, as Sherritt has been really really GOOD to me!!! Wish you all a Very Warm & Fuzzy Christmas and a Safe and PROSPEROUS New Year 2021!!!

[thenorthvanman]

All I can say is I feel your pain.  That said, we are currently sitting at the largest discrepency between equities and commodity prices in recorded history and the commodity index just broke out of it's 12 year downward resistance trend. That,  and trillions of dollars in global post covid spending on infrastructure and green energy is about to be unleashed.  I think the worm