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.

TSX:S - Post by User

Sherritt International Corp > This Board

<< Previous

Bullboard Posts

Next >>

Comment by TheCount11on Feb 10, 2023 12:33pm

84 Views

Post# 35279936

RE:This Board

I have a tracking position.

I have come to realize my being lazy and just comparing current LME prices vs the Net Direct Cash Cost guidence somewhat of a negative as I tended to think the company would have a decent quarter.

There are unfotunately no short cuts when it comes to Sherritt.

As we all know management has no control over selling prices so its really a question of costs.

Mining is capital intensive. Using EBITDA is not the best metric. NDCC omits depreciation which must mean the machines will never break and maintenence CapEx doesn't exist.

Was a decent year but last 2 quarters were disappointing.

Do you think the PIK bonds are a better bet?

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario