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.

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Sherritt International Corp > Normal Course Issuer Bid vs Issuer Bid

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Comment by rkhoslaon Jul 31, 2023 12:37pm

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Post# 35564985

RE:RE:Normal Course Issuer Bid vs Issuer Bid

We are talking Q1 of 2024 here after the next PIK payment so they will be receiving that year's Cobalt payments at that time.....

YourFriendo wrote: Given how high NDCC is for the remainder of the year I suspect they will hold on to cash until next year when they start receiving Cobalt dividends again.

keep in mind they have to pay for corporate costs, technologies, and interest payments with their current cash.

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