VerificateASAP wrote: Saw that big block sell down to 46c autofocus and since you are not looking at the bigger picture once again. 1$ of cash per share sitting in the JV Bahamas. Did you all take ignorance pills since you redid the bonds and cut them by 50%.
We are not ignorant. We are just a group of shareholders with transparency. Ok I'm a week but definitely in 2 weeks nickel has rallied from 10.20 to 12.50 this Friday. Ebitda is flowing into Sherritts coffers. Even if it dropped by half it would still be at 11.25 a lb.
444$ Million of metal inventory is worth what now if still unsold shareholders- bondholders- analysts!!!!!
do make us look like we are stupid because we know that value is up 85$ million dollars American or more.
Even if they sell half of that metal inventory in late December that's an extra 45$ million dollars to our kitty
last week we closed at 44.5c and this week we closed at 48.5c up 5c a share a nickel.
nickel closed up at 12.50. That extra cash added 10c per share in cash & cash equivalents at half and at full sale of all metal inventory at 444$ million plus 90$ million =535$ million in metal inventory unsold!!!
we are discounted by 70% again
higher cash & cash equivalents this week but we got 0 premium and more of a discount this week to this increases.
Sherritt should be at 60c with these cash & cash equivalent increases
auto why am I precluding these data points but you come out with your Bloomberg press that was already factored by lme as they were just studying the matter.
the USA and the eu could still place sanctions on Russia that will include base metals from Russia.
earniebert and I know what's sitting in the JV!
explain to all of us why any of your old aliases from before the 50% haircut won't discuss the monster of cash sitting in the JV
auto- northvan- the list goes on- fake aliases with a fake narrative. Just answer why the common stock is discounted this greatly to higher nickel prices this week? You cannot lid the common as Sherritt is ringing the cash register further this week!
the management of Sherritt will have the biggest laugh in 2023. The buyout of all of your bonds is at hand. The majority of you arbitrage long bond holders will be pulled off forever. I truly cannot wait.
to all shareholders patience! As long as nickel prices climb further it wreaks havoc to Bay Street negavists against Sherritt shareholders and the team management that know common are worth so much more. The extra cash flow with a 2.50 increase per lb is like the cream plus the metal inventory ( the gravy)
loving it
discounted back at 70% again after reviewing my calculations