RE:RE:RE:RE:RE:RE:RE:How do a simple man value Sherritt Last I checked, diverting cash to make debt payments reduces profit. Therefore they don't have to show as much profit and therefore not pay as much tax.
Once they have completed their debt obligations they will be able to show full profit and hopefully return to shareholders in the form of dividends and buybacks... the downside is they will then have to pay tax on that profit.
The point is right now they have to get rid of debt, there isn't much point carrying cash over and paying taxes on it... do something with it. Which is why they bought back all those bonds early December before year end.
You make yourself sound like a real wing-nut there Strato. Too many years up in the stratosphere at low oxygen levels hasn't done your brain any good.