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. 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. It is also the independent energy producer in Cuba. 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 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 > Bloomberg story on Sherritt

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Comment by Sanguinityon Feb 20, 2024 1:21pm

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Post# 35889236

RE:RE:RE:RE:Bloomberg story on Sherritt

Stratocheif wrote:
Stratocheif wrote:
Stratocheif wrote: It's a matter of PAYING for the equipment and to have it installed by drowning deeper in debt or another 100% equity dilution like 3 years ago. (the sp is gonna really fly then eh guys) For what? An incremental 15 or 20% increase in production at an unprofitable mine. Its the old rick rule joke...produce at a loss but try to make it on volume hahaha. Atta go Mr Blindtorealityel. Where pathetic pathe failed (to bury sherritt) it appears that he may very well succeed. Maybe it would have been a better idea to bring in whatever expertise or technology is needed to cut costs and return to profitability??? Not being a party pooper or anything but....it sorta looks nice and maybe... kinda cheers everybody up when a business is actually showing a PROFIT.

This is a post I put in Nov 2021 when they announced the expansion.

This is the sad truth about "public companies" in general. They don't give a ___ about retail shareholders. They just plough ahead with thier expansion plans not knowing what the future will be and the risks that may arise. Hey if it fails, the executives pocket a few million in severance and on They go to the next gig.

Private companies don't operate that way because the OWNER has no intentions of going under. They run a tight ship and are brutal with cost control

I was put off by thier expansion plans ringt from the start when they announced them...above is my post from Nov 2021. Too bad. Too bad we have managers who gamble with stakeholder money with impunity.