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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. It is also the independent energy producer in Cuba. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.


TSX:S - Post by User

Post by Contrarian333on Apr 02, 2022 8:28am
195 Views
Post# 34569737

Moa Cash Flow

Moa Cash FlowIf you put 2021 volumes and prices through the model I provided as reference and adjust for what appears to be lower capex than budgeted and what would have been higher royalties and cash taxes you come up with a number that isn't so far off that provided in the cash flow statement as below 

Share of earnings of Moa Joint Venture, net of tax Note 7 (86.5)

Not trying to be precise but demonstrate financial torque to higher prices.  

Have a good weekend.
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