Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Copper

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 > Lavish rewards of past 11 months... Many grants in the $.30s

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Comment by FrozenInOntarioon Jan 20, 2023 10:07am

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Post# 35235351

RE:RE:RE:Lavish rewards of past 11 months... Many grants in the $.30s

Hey RK,

Thanks for this. I read and reread the mgt info circular and did not pick up that eliminated the Helms Burton allowance. So basically, total board compensation went from $ 1 860 000 to $ 1 260 000 or 32% decrease. How often do you see this in corporate land ?

Are they overpaid for a penny stock ? Probably, if it stays as a penny stock. No if the stock rerate like I believe it can.

Binedell is doing all the things that need to be done. Removing the Helms Burton perk was one of them. Changing the culture of an organization takes time but so far, the guy is quite impressive.

GLTA

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