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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 Stratocheifon Jul 29, 2021 9:13pm
180 Views
Post# 33630283

RE:Results aren’t so bad

RE:Results aren’t so badTheyve been cutting costs for years. I think it was 5 or 6 years ago they moved out of thier fancy toronto head office to cheaper accomodations among other things. Saving a million here or there is immaterial as you accountants say. Pathetic token gestures is what I say (im an accountant too) And yes there is a reason the accounting profession uses GAAP. Its the only way to show wether or not a business has a long term viability. A company that year after year after year...even in times of high nickel prices keeps showing a loss...this is not a sustainable business. But im sure they will find a way to keep going....probably steal more money from the bondholders
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