RE:Cost Cutting and Production Reliability Initiatives Yeah in my opinion they need to axe their whole research department. They have been nothing but a burden. They have produced nothing that has helped Sherritts bottom line. It is perhaps okay to have some R&D in a company with healthy finances but for this company it cannot afford to have it. They should also move corporate headquarters to Alberta. Tons of cheap office space, surely less expensive than Toronto and closer to the refinery as well... downsize management to just bare bones.
This is sink or swim people. Sherritt cannot afford to not take action, everyone's job is on the line.