RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:2026 Sherritt BondsOne persons's Zombie company is another's High Risk/High Reward opportunity. It just depends how you look at it. Sherritt is no Zombie and this is literally a historical opportunity with the EV revolution in its infancy.
Stratocheif wrote: If nickel stays at $8, if cuba doesnt descent into anarchy, if sherritt gets the money from cuba. All kinds of ifs here. The reality is that after the ambatovy catastrophy, sherritt entered an irriversible downward slide having lost so much money and now trying to survive under a huge debt load. By definition companies with huge debt loads paying sky high intetest with not enough cash flow to reduce the debt at the same time improve the business thats a zomby company. It stole 40% of the bondholders money last year. No one will EVER loan this company a dime in the future. If all the stars dont line up perfectly what will they do...steal more from the bondholders? Look out here comes the zombie...its gonna eat ur money