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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 Contrarian333on Mar 27, 2018 5:32pm
61 Views
Post# 27790238

RE:RE:RE:RE:RE:RE:RE:RE:CHAPTER 11?????

RE:RE:RE:RE:RE:RE:RE:RE:CHAPTER 11?????You continue to make inaccurate uninformed statements. 

The Sherritt debt does not have a 12% coupon.  There are three public debentures with coupons of 8%, 7.5% and 7.875%.  The remaining "initial partner loan" is much cheaper at LIBOR +.  

Management did not sell shares.  You misinterpreted the filing.  It is the cash value of phantom shares awarded for compensation.

I'm not even going to try to understand what the rest of this gobbly gook post means.  You are wasting my time.
Bullboard Posts