Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Copper

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.

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Sherritt International Corp

Bullboard Posts

Post by Contrarian333on Feb 28, 2019 10:05am

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Post# 29422458

overdue receivables

As discussed in the Q conference call I would expect to see a deal to solve the overdue receivables issue in the next couple of weeks. I expect the deal will be structured in such a manner that the overdue amount ($201m CDN at year end) will be repaid before the '21 bond maturity ($170m CDN). The best use of funds from such a deal is the repayment of the '21s at a discount in the market.

Bullboard Posts

They started in video game investing, now they serve high net worth traders