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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 Contrarian333on Feb 09, 2022 7:41am
155 Views
Post# 34411389

RE:RE:RE:When expectations seem lowest...

RE:RE:RE:When expectations seem lowest...It is correct that cash flow and not earnings is the driver of future success.  It is cash that will be used for expansion, for any debt retirement, and for any future share buybacks. As I had previously posted earnings can be impacted by non cash considerations.  One of the biggest remaining is non cash compensation which arises from the treatment of primarily DSU's issued when the share price was significantly lower.  These are marked to market each quarter and impact the earnings statement (probably less in the 4th Q because the share price has been relatively flat but definitely for the year). A fixation on earnings will lead retail investors down the wrong path.
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