Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Ventouxon May 13, 2022 12:38pm
215 Views
Post# 34681993

Sherritt AGM

Sherritt AGMI listened into a very uneventful AGM. I think there were two "live" questions. One retail shareolder/noteholder by the name of David Emery (spelling?) was going on in a very complimentary manner about how many shares Leon Binedell has purchased since joining the company. He reminded me of the poster in this room who scolded me when I complained about the lack of insider buying a couple of months ago! To his credit he did bring up the topic of DSU's and the opacity surrounding the way they work and how retail investors, didn't have the time or expertise to figure that topic out. I would have given him more credit had he brought the topic up prior to the vote on the compensation package for 2022!  He politely asked if the company would look into it. 

The second question came from a former director, from the good old days, when Ian Delaney ran Sherritt. He discussed the three different eras of Sherritt, the Delaney era, the Pathe days (repairing the balance era) and the Binedell robust commodity price era). He too brought up the topic of the DSU compensation package.


Not a single question came from the online community. What does that tell you?

I didn't ask a question as I am not a shareholder of record for the purposes of this AGM, but I do own the 10.75% notes, the entire issue of which the company would like to buy back.


To quote  ErnieandBert "follow the bonds"  

GLTA


<< Previous
Bullboard Posts
Next >>