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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 Contrarian333on Feb 09, 2023 7:43am
867 Views
Post# 35276480

Couple of Follow Up Points

Couple of Follow Up PointsThis site seems f'd up this AM but a couple of follow up points:

#1 If you were managing your affairs through a period when a previous heavy award of RSUs/PSUs were being priced and settled you might throw any discretionary items you could (timing of environmental liability accrual) against your results (remember the heavy influence of deferred comp will disappear after this Q and earnings will be more relevent (you can't eat earnings btw - but you can eat free cash flow delivered upstream).

#2 Nobody said Pathe or previous management didn't know that SCN had the right to elect every second Moa CEO.  Things were stable in this regard during his tenure and SCN had their own CCO. I'm simply saying that at a time of transition Leon has identified this "right" and is acting upon it. Relax.


 


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