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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 CommonCents123on Sep 23, 2023 9:59am
84 Views
Post# 35650610

SIMPLE MATHEMATICS - REMEMBER TO USE CONTEXT

SIMPLE MATHEMATICS - REMEMBER TO USE CONTEXTWhen it comes to sales, let's just use EV sales as an example, remember to use context.

If you sell 1 car this year and 3 cars next year thats a 300% increase.

So when someone says there's a 300% increase in sales without any context, it seems unbelievable.  Like the example above, if someone says we sold 1 car last year and this year we sold 3, its a very underwhelming data point.  

Look at the big picture.  How many cars are sold annually, how many are EV's as a comparator, whats the percentage, whats the context and what's the future sales look like once you have analyzed markets, trends, costs, geopolitics, economics, etc etc etc .

Use common cents.  Don't be a victim to ignorance.  Fool me once shame on you, fool me twice shame on me.
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