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Bullboard - Stock Discussion Forum 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... see more

TSX:S - Post Discussion

Sherritt International Corp > GRAVEYARD OF EVS IS SHOCKING
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Post by CommonCents123 on Apr 02, 2024 6:42pm

GRAVEYARD OF EVS IS SHOCKING

My my my, the EV revolution is here, maybe not lol. Oh where is rainbows and sunshine these gloomy days? Maybe he's left Canada and gone to Cuba where things are great? Well Sherritt's fortunes are quickly disintegrating in respect to the EV market for batteries.  Haunting car graveyard with lines and lines of abandoned EVs left on speedway after Ford 'struggles to sell off stock' https://www.the-sun.com/motors/10922882/ford-surplus-inventory-stockpile-michigan/
Comment by Sanguinity on Apr 02, 2024 7:17pm
The quarter is now in the books.  Time for Sherritt to fess up and tell us how they managed with only about a quarter's length in cash on hand, given their rate of losses piling up.
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