Bullboard - Stock Discussion Forum 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 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

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Sherritt International Corp > New ceo

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Post by Marketbeat on May 17, 2021 11:30am

New ceo

When will they announce the new ceo? Thoughts anyone

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Comment by oceaneleven on May 17, 2021 11:42am

there will be no CEO announcements....Sherritt going to be bought out....just taking lots of time due to properties in Canada & Cuba....

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Comment by rkhosla on May 17, 2021 11:54am

I am curious whether you see us being bought out, if we were to be, would it be at a premium or at liquidation prices?

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Comment by Contrarian333 on May 17, 2021 1:56pm

Well China Steel had an interest in acquiring SCN last cycle at much higher prices but I hope very much that there is no imminent takeover (and I doubt there is) as that would lead to the acquirer enjoying the benefit of the economics of SCN over a full nickel cycle and while minority shareholders would get a premium for their shares that premium would be dwarfed by the share price action in ...more

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Comment by rkhosla on May 17, 2021 2:16pm

Agree fully - i fear an opportunistic takeover. Rather we ride this ourselves. Any buy out will be heavily discounted due to helms burton / cuba basket case economy.

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Sherritt International Corp