Sherritt International Corp T.S

Buzz on the Bullboards: Major developments amidst market dynamics

[llesage]

Good idea, maybe we should send your message to management!

[rkhosla]

Sherritt PLEASE hedge 50% of your production for next 12 months at these prices

[rkhosla]

"We've seen some weird rallies in the sense that investors don't seem to care much about fundamentals," he said. "We're a bit cynical about how far the nickel rally can

[rkhosla]

Remains true to its reputation as the wild base metal...  https://ca.investing.com/commodities/nickel?cid=959208#google_vignette

[rkhosla]

(Just like i told you it would 3 days ago ; )) https://www.bnnbloomberg.ca/nickel-jumps-as-unrest-cuts-output-in-no-3-miner-new-caledonia-1.2074385

[rkhosla]

To $21k/t or $9.57/lb.  Fantastic!!

[Albatross]

Nice, thanks for providing that stat. We just need it to stay at that price or higher. Is it too much for me to ask for $1.00/share price in a 3 year time frame? I'll be happy with that.

[rkhosla]

Ni cracked $20k - above $9/lb - up $550 today https://ca.investing.com/commodities/nickel-technical?cid=959208

[rkhosla]

But it's not the same as taking it off the State Sponsors of Terrorism list, which Cuba maintains has contributed to a severe economic crisis and shortages of basic staples. https://www

[rkhosla]

Strange - cuba still on 'state sponsor of terrorism list' though: https://www.state.gov/state-sponsors-of-terrorism/

[Jonathon Brown]

Several TSX-listed companies are making headlines with significant updates, strategic movements and quarterly reports. read article.

[CommonCents123]

Wow Cuba just got removed from a USA list. Fingers crossed that it translates to something better for sherritt.  Get your finger on the sell button justincase. https://apnews.com/article/cuba-us

[rkhosla]

I would expect already dysfunctional nickel projects to be affected https://www.theguardian.com/world/article/2024/may/16/hundreds-of-french-police-deployed-amid-new-caledonia-riots

[rkhosla]

We are at $19,500 today and have been basically above $19,000 for a month now..... that is much better than surpluss doomsayers would have led us to believe would be the case.  

[Sanguinity]

Amen to that sentiment.  With an EPS of $-0.29 and a closing share price of $0.325 we're in imaginary numbers soon vis a vie Sherritt continuing to take another breath.

[Albatross]

We need the help.. we really need the help