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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 through hydrometallurgical processes. 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. 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 Company’s 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

Bullboard Posts
Post by Goodspeculatioron Feb 16, 2015 10:11am
248 Views
Post# 23433067

Excellent article where Sherritt is now and will be in 20i5

Excellent article where Sherritt is now and will be in 20i5https://www.northernminer.com/news/sherritt-surges-as-obama-moves-to-end-u-s-isolation-of-cuba/1003400878/

Lots of information here including information about the Company's healthy Cash position of $500 million with no long term debt becoming due to 2018.

Also desribes all the work that has gone into developing the Madagascar Mine which is going to reach full capacity estimated to be 54000 tons production a year based on Sherritts 40% interest.

It mentions the cost per pound (2000 pounds equals 1 ton) of $3-5 per pound which IMHO should result in a nice profit based on the price of Nickel being around $15000 a ton.

Hopefully we can get a really good discussion group based on the due diligance we can develop using the abundance of information available GLTA
Bullboard Posts