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Bullboard - Stock Discussion Forum 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 through hydrometallurgical processes. 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... see more

TSX:S - Post Discussion

Sherritt International Corp > News from Ambatovy
View:
Post by IamMagic on Mar 01, 2021 12:27pm

News from Ambatovy

Update:
One Acid Plant is in heat up while the other one cannot restart. Their Main Blower is down since almost 2 weeks trying to fix the problem. Expert has been mobilized today and will try to fix it.

The Refinery is not ready yet and has some delays also.

They will start production this month but will delay on their production ramp up after Care and Maintenance during the COVid crisis.

I don't have fresh news from Goro but looks like it is not restarted..
Comment by Golder007 on Mar 02, 2021 11:19am
Sherrit was always managed by incompetent highly paid management. they need to lean down by 50% in their g&a or and make themself lean
Comment by StockPick50 on Mar 02, 2021 7:19pm
Yeah, it's definitely a shortfall for the company. I am more interested in what kind of CEO they will bring in. This is also still an excellent price to announce some type of share buy back and get this thing rolling.
Comment by IamMagic on Mar 03, 2021 4:37am
  Just to specify that Sherritt is out of Ambatovy. I was just reporting news from Sumitomo's operation 
Comment by thenorthvanman on Mar 03, 2021 7:47am
Do u have a link for that BTW?
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