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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

Comment by rkhoslaon Nov 25, 2020 6:19pm
239 Views
Post# 31975239

RE:RE:RE:RE:CFO

RE:RE:RE:RE:CFO I agree fully with point #1 - clearly he (and both Pathe quite frankly) are essentially leaving on high points (relatively speaking).  It's quite unusual they managed to convince bond holder to take a 50% hair cut without dilution and that they manegednto keep sherritt afloat during the Trump / Covid / Ambatovy exit era....
Contrarian333 wrote: Well I have a couple of thoughts.  1. Andrew is a highly competent executive whose reputation would have only grown with his efforts with respect to the rather unprecedented and successful balance sheet initiative and various innovative schemes to wrest cash from the Cubans on the overdue receivables, etc.  Therefore he has likely become a highly sought after executive and subject to poaching. 2. Or perhaps Andrew had his eye on the CEO job but has been told that he wouldn't be considered for that position and reacted by leaving to an offer that had been outstanding for some time.  Coincidently  the executive chairman of Torex is my next door neighbour but I can't ask him anything over the fence because he has been locked down in the Atlantic bubble since early summer.  I'm actually hoping for some share price weakness around this in order that I could consider reestablishing my trading position which I sold once again, just the other day.


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