Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 RetireSoonerThanLateron Feb 01, 2021 8:37pm
165 Views
Post# 32443067

RE:RE:2021 Revenue Projections - What am I missing?

RE:RE:2021 Revenue Projections - What am I missing?2021 - 33000 tonnes Nickel
33000 x 2.2 * 1000 = 72,600,000 lbs
Spot price is $US8/lb....
Don't know what contracts they have in place at what price but
72.6 mil lb x $8US = $580m

PLUS

Cobalt - 3450 tonnes x 18.75 / lb = $142m

x 50% ownership position - ($580 +$142) x 50% = $361m

2020 Rev is $120m

What am I missing????   Is 2021 Rev expected to be $361m+???

Anyone else doing Revenue projections?

Analysts data on yahoo finance says 2021 Rev is $98.5m
<< Previous
Bullboard Posts
Next >>