Sherritt International Corp T.S

Reference Prices for Q2

[Contrarian333]

2nd Q reference price for Ni should be approximately $13.13 USD, Co $38.18 USD

[Ernieandbert]

Reference price or realized price for S?  And if realized, is that your guess or where are you getting that from? I wonder is S's realized price will start showing a premium to the LME realized price given their high quality nickel?

[FCPlady]

If S was getting a premium to LME prices we'd hear about it.  They're probably selling at a slight disciount because of the Cuban content.  Quoting reference priced in US$ and realized prices in C$ makes harder for us to do an apples-2-apples comp..

[Ernieandbert]

1) I am talking about a premium in the future given they sell Class I Ni and apparently those stocks on the LME are all but non-existent.  2) Not so sure it will sell at much if any of a discount in the future if demand is as high as predicted for these critical battery metals.  Biden willing to deal with Venezuala for oil - I am sure he will be willing to repeal Helms Burton at some

[Contrarian333]

They have no problem selling their product and don't sell it at a discount.

[Contrarian333]

reference price from the Company