Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

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.

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Sherritt International Corp > Wowza

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Comment by mas7575on Jul 28, 2022 5:20pm

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Post# 34858333

RE:RE:RE:RE:RE:RE:Wowza

Where did the cash go? S generated enough fcf to cover the retirement of $60M of bonds (face value), a bit under $50M cost to the company, and still had cash left over.

A very prudent move, IMO, as it will save $5.5M in interest cost/year while also reducing the LT liability due when bonds mature in coming years.

mas75

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