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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
Comment by SilenceDogood1on Mar 28, 2017 7:56am
256 Views
Post# 26039142

RE:RE:RE:RE:RE:Not pretty, fifty percent loss in share value and still tank

RE:RE:RE:RE:RE:Not pretty, fifty percent loss in share value and still tankThat is right oceaneleven. The Sherritt share price has always been primarily driven by developments in the nickel/cobalt business. For years the oil business while generating cash flow DID NOT generate any FREE CASH FLOW to the Company. It is only in the last number of years when further development worked slowed on the maturing concessions that there was free cash flow from the oil business. It is worth pursuing because the lifting costs are so low but is not, and will never likely be the prime mover of the business which suits me well because with often short reserve lives the oil business is far less predictable than the longer reserve life of most mining assets.
Bullboard Posts