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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. 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.


TSX:S - Post by User

Comment by sloopjohnbon Feb 28, 2024 4:38pm
58 Views
Post# 35904911

RE:The Future

RE:The Future

With all due respect (and I really do mean that sincerely), in my opinion that clearly was the foundational narrative 3 yrs ago to justify a spec turnaround play like S, at least clear for me.. unfortunately for me what was N O T at all clear to me in my opinion was the combined massive destabilizing forces waiting 12 months down the road:
-Russian govt's Ukraine invasion;
-Chinese govt orchestrating Ni price collapse via Indonesia instead of dealing with their pressing economic issues at home;
-the US Fed's total misreading of inflation by not "signalling" via increasing rates just a smidgen 3 yrs ago, opting instead for a shockingly rapid increase in rates when they waited too long.
In no particular order and I am sure there is more to that list.

Contrarian333 wrote: I think we all have been "anchoring" on certain historic facts and not spending enough time contemplating a future that benefits from an expertise in refining, the prospect of Canada becoming a battery metal hub, and access to expanded markets.

 

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