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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 Apr 25, 2018 11:15am
51 Views
Post# 27937883

RE:HAHA!

RE:HAHA! I don't agree with you YourFriendo.  Natural events, whether they be excessive rainfall, cyclones, hurricanes, etc are a fact of life in the jurisdiction where many mining operations are located.  SImply look at the Phillipines where the annual rainy season reduces nickel production for several months of every year as proof of this.  

If you have delays getting product to the refinery (rail delays), without excess inventories it is quite reasonable that the output of your finished product will also be impacted.

If you listened to the call Pathe said that they expect to still meet the lower end of their annual production guidance because some of this stuff was known when they provided that guidance and because they have excess capacity at the refinery (for which they have previously accepted third party feed).  In other words, they will be able to run at a higher degree of capacity.

Finally, with respect to the asset in Cuba (Moa), don't know if you have ever been there but I can tell you this.  The one thing that Sherritt was always good at it getting a little more and a little more out of an existing asset.  


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