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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 Feb 28, 2020 6:30pm
175 Views
Post# 30749582

RE:RE:Most of the bashers

RE:RE:Most of the bashersI appreciate your frustration if you are a bondholder who perhaps paid a price for his bonds that won't make you whole on this proposed transaction.  However, it is quite a piece of financial engineering and I suspect CFO Andrew had a full hand in designing it.  A common shareholder would be very happy with this deal as he is not diluted and there is no debt/equity swap.  In fact, from a purely financial perspective, the value/share will increase quite a bit on this transaction for the common shareholder.  Now if we could just get rid of the virus, get the nickel price up, and if someone could please defeat Dumbold Trump in the next election....:)



Bullboard Posts