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Bullboard - Stock Discussion Forum 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... see more

TSX:S - Post Discussion

Sherritt International Corp > Holy Shizzle!
View:
Post by rkhosla on Sep 09, 2021 10:34pm

Holy Shizzle!

$20,600.  Now it runs.  Breaking $20k has unleashed the Ni beast
Comment by thenorthvanman on Sep 09, 2021 11:37pm
Will it light a fire under SP though?  
Comment by rkhosla on Sep 10, 2021 2:19am
Yes once there's a touch of confidence these Ni prices are here to stay for while.... So might take some time....    
Comment by mas7575 on Sep 10, 2021 11:36am
IMO it will also take at least one or two earnings periods where the company shows stronger free CF and overall profitability. With Ni prices remaining high throughout this entire quarter, there will be no excuses for not reporting improved numbers this October earnings period. Cheers, mas75
Comment by DRYOASIS on Sep 10, 2021 5:21pm
Yes if they can't report a profit at these prices they mise well close the doors !!!
Comment by mas7575 on Sep 11, 2021 6:54am
Hey Dryoasis, I don't disagree completely, although I am not quite ready to see them close the doors yet. IMO, S should at least be able to generate strong CF, and use it to further clean up the legacy debt and expenses that continue to negatively affect profitability. Nobody can predict exactly how long the nickel bull will run, and the company needs to take advantage and use the extra ...more  
Sherritt International Corp
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