Nickel Price Nickel trades above $21,000/tonne!
Even if prices stay here Sherritt will likely still end up in the hole somehow. They will reference corporate layoffs as the reason for $millions in payouts and then continue to feed investors bullsh$t graphs on a few hundred thousand in savings.
I'm realizing that management and board of directors don't have company buy-in. Their only incentive is to just keep Sherritt on life support to sustain their lavish pay cheques. This company is the human centipede with the shareholders at the far back of the monstrous procession.
I took a gamble buying Sherritt a few years back expecting nickel prices to rise. I should of just bought nickel instead.