Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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 > 2026 Sherritt Bonds

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Comment by rkhoslaon Jul 26, 2021 10:25pm

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Post# 33608652

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:2026 Sherritt Bonds

Sorry about that blank post. I don't have it in front of me but my clear recollection is that they ascribed zero value to the receivables. The other thing to keep in mind is that it is not typically a company's goal to pay off all it's debt. Typically it is rolled over. Obviously we have a bad history. So to stay afloat if our ability to generate profit has improved significantly, it's not entirely necessary we approach November 2026 with no requirements for debt. The other thing to keep in mind is it worth much more to us to pay off as much debt as we can upfront because the interest savings are much greater that way. The interest we save and then be used to retire more debt..

I would appreciate it if someone could give us accurate present levels of outstanding notes both the 2026 and the 2029.

I know the market is by and large ignoring us / shunning us at the moment - But you must believe that our day is coming soon.