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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

Post by rkhoslaon Feb 01, 2022 1:14pm
243 Views
Post# 34385964

VOLUME

VOLUMEdon't leave me now...  oh well 12 days with total volume above 1mil (2 of those above 8mil) and heading into day 15 with Ni above $10 and God knows how many days of consecutive LME inventory decline (last positive increment was October) I believe over 60 now and stocks dropping below 90k tons.  Like North Van man's article says, the forward curve has flattened showing higher for longer.  $10.60 right now.  We wait we wait. Part of me thinks will have some positive news on February 9/10th but part of me thinks management is willing to let 2021 be a throwaway year and have a fresh start in 2022.
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