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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 Maxmoeon Oct 14, 2022 11:42am
174 Views
Post# 35024852

Presser

PresserIt doesn't matter what you agree to if you NEVER intend to pay. It doesn't matter what you agree to if you FULLY intend to pay. Very clever to scoop the cobalt in lieu of cash which the Cubans don't have so you won't get it anyway. Cobalt is THE most valuable thing Cubans can pay with. Curious there is no mention of nickel. Maybe it's committed to repay someone/something else?  Maybe cigars but what can sherrit do with $57 million worth of cigars every year. Like Cuban pesos, they could light them on fire. Their rum is excellent, especially the 7 year old Havana club, but lord knows what would be delivered to fulfill $57 million per year. The renewal of the power agreement for 20 more years is a nice tuck in. Overall I'd say pretty damn good, better than the usual kick in the nuts. Anyone doubting it's better than said kick in the nuts I'm willing to demonstrate on you with my patented flying pile-driver kick in the cajones. Or huevos. In full nacho libre costume. 
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