THINGS DONT LOOK ROSY FOR SHERRITT Not a good investment and the company management/ board doesn't seem to be helping with decisions that may negatively impact its future. The EV revolution won't be an issue for sherritt because they can't participate anyway due to the embargo. To those that say the embargo isn't an issue because back in 2008 sherritt was $18, fail to recognize that hyper speculation and a ni price at $50,000 pushed sherritt to that level, nothing else. Then they fail to realize that HB Title III invigorated by Trump, and left in place by Biden, has pushed sherritt to $0.30.
We need a miracle to help us survive. Let's hope that sherritt and aurora are working on some new hydrogen side business that can raise revenue for them because impo hydrogen is a sustainable next step. All the hype about EVs, the shortages in resources because of Russia never materialized. Sherritts dropped like a stone since then. There was supposed to be a shortage of fertilizer, never came. Sherritt produces fertilizer. Didnt help. Always think ahead with logic. We all want to make money and sherritt isn't cooperating. Who knew that Obama's opened doors would get slammed shut? JMPO but look at the reality, not sunshine and rainbows.
https://www.hydrogeninsight.com/transport/hydrogen-fuel-cell-cars-are-the-next-phase-after-battery-electric-vehicles-honda/2-1-1583947