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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.


TSX:S - Post by User

Sherritt International Corp > Snatching defeat from the jaws of victory...
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Comment by rkhoslaon Nov 24, 2021 2:52pm
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Post# 34162632

RE:RE:Snatching defeat from the jaws of victory...

RE:RE:Snatching defeat from the jaws of victory...Sorry yes wrong phrase.  What I mean is just drive the freaking bus.  Maybe change the tires if they are at the end of their life and do an oil change when due.  That's it.  Problem with getting fresh management / new CEO is they want to be heros of some turn around story - putting long suffering sharehokders at further risk.  First show me just a quarter or two of profit before you launch down some road of seeking further efficiency / production increase.  Pay off just a little debt and get recievables under $75 million.... Don't attempt some major engine overhaul - the thing works well enough  - just drive the bus.  
mas7575 wrote:

Hey Rkhosla,
I don't disagree with your desire for S to clean up its balance sheet and improve solvency/cash flow, in fact I would agree with the "go slow" approach. I just wanted to point something out on your use of "care and maintenance" that might be misunderstood by others. S de s definitely not implementing, nor would they consider "care and maintenance." No offence meant in pointing this out btw.


this term is used for closed/mothballed mine sites, where the minimum is done to maintain the site in order to be restarted at a later date:https://en.m.wikipedia.org/wiki/Care_and_maintenance

Cheers,
mas75



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