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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 rkhoslaon Jun 09, 2022 12:42pm
137 Views
Post# 34744086

RE:RE:RE:RE:RE:A STOCK DOUBLE COMING SOON.?

RE:RE:RE:RE:RE:A STOCK DOUBLE COMING SOON.?I believe what he was saying is that presently it is on the books as a liability and so there is no immediate impact to cash flow. There is however to profitability.  where did the $53 million come from at a share price of $1.15? Is that 53 million in addition or a total of 53 million including the 26 million?  
Buyreallow wrote: Don't think so Contrarian.  Sherritts share based ompensation plan consists entirely of notional shares through RSU,s and PSU,s, and are all settled for cash based on the share price at vesting, and include any declared dividends.  So the cash payout, should one occur when they vest, and compensation targets are met, result in a cash hit.  No shares are issued so no dilution.


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