Sherritt is on the brink of running out of cashDid a little "wonder how many times they call out their liquidity issues" search in their press release ....
12x.
From not paying their bills on bonds to firing employees who run the joint, from reducing spend on capital projects (great idea to run the machines to ruin like it seems they faced in 2023 in increased repair expenses) to pulling forward payment on future sales they are frantic to keep "liquid".
And, they are losing money faster and faster, from quarter to quarter.