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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

Comment by FrozenInOntarioon Feb 10, 2023 3:18pm
97 Views
Post# 35280434

RE:RE:RE:RE:How do a simple man value Sherritt

RE:RE:RE:RE:How do a simple man value SherrittWhat is your point on Cobalt ?

If you prefer depreciation on historical cost as it is easier, whatever rocks your boat.   This is not cash.   If you value 2 mines, the one with lower depreciation is worth more than one with higher depreciation, everything else being equal ?

I am a simple man, no idea what is CBCA.    Do not understand your comment on revenue recognition.

Quarter yes I was expecting a profit too. Explanations makes sense, and the items positive and negative are not reccuring.  So they would have made a profit.  Lots of cash flows however.

Share based compensation : I agree with you on the 17.5 million.   I am sure that you notice that the bulk of it is for the 40 mm 2020 Sus that will be paid out in February and was awarded to prior managmement.   So Sus are much more reasonnable now.   So factor in your expectations for 2023. 

GLTA  
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