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 > Dear*SILENCEDOGOOD* a.k a "The Dog"

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Comment by IamMagicon Aug 14, 2021 2:34am

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Post# 33705693

RE:DearSILENCEDOGOOD a.k a "The Dog"

This is an extremely interesting discussion..

Question: Sherritt is losing money now so it will never make money in the near future..

To answer correctly to this question need a bit of analysis. With the announced lowest NDCC in HPAL, we can assume it will make tons of cash. Well, it is now too easy to trick that number when we can put the maintenance costs in Capex that is not be calculated in the NDCC. This is what all companies are now doing "to look good".

I assume the maintenance cost a lot of money this year..

We can probably however look back and see before Ambatovy where they were able to gather so much cash. That gives a lot of hope for Sherritt to be able to get out of the actual situation.