Sherritt International Corp T.S

Receivables

[Contrarian333]

Receivables solution forthcoming!

[rkhosla]

uhmmmm.....  are you able to elaborate?  I recall we already had a recievables solution in the form of our receivables agreement and that hasn't been as too much good though hopefully the dividends start rolling in soon.

[autofocus111]

How exciting. What is the Cuban government going to do... pay S the outstanding amounts due in bananas or rum? Give them a larger stake in Moa? Hand over ownership of a few of the state-owned resorts?

[thenorthvanman]

So a solution to the previous solution?  Talk is cheap and only hard profits will move this stock.  

[StockPick50]

I'm not sure what is considered to be profitable for S. Cobalt 66k and nickel over 20k. Wti price drop 10% and 1.28 us exchange rate. How this company can only make a few dimes is beyond me.

[thenorthvanman]

You're not alone, hence the current SP.  They have to show profitability,  period. 

[ariesleaf]

What Sherritt needs is a kick in the Axx. To look for and find a big deal.

[thenorthvanman]

No they just need a profitable quarter 

[rkhosla]

yes, just ONE.  They talk talk talk but despite pretty fantastic market conditions, they are unable to put the MONEY where their mouth is....

[thenorthvanman]

I'm growing tired of the talk and clearly so are investors.  If they come out with another Cuban debt repayment plan as has been suggested I think it hurts their credibility.   They need to show profits in Q4 and anything short of that is a big failure.

[WanTBe1]

I totally agree with your facts.

[thenorthvanman]

I think the only think I have said that could be construed as fact and not opinion is that we have not had a profitable Q in many years.  Is this something you dispute?

[rkhosla]

Define 'forthcoming'.  Define 'solution'. Crickets

[thenorthvanman]

As I've said I think it hurts their credibility if they come out with yet another receivables "solution".  Demonstrate collection of money owed during quarterly reports and as a footnote mention any change to the existing agreement.  Company needs to show it is a profitable business no more talk.

[rkhosla]

what?? hey this was 4 months ago... i think maybe you shouldn't believe everything they tell you on these phone calls of yours.  maybe you are in so tight you are loosing your objectivity a bit.  friendly observation.  

[Contrarian333]

If you listened carefully to the last quarterly call Leon hinted about this very thing.

[Contrarian333]

If you listened carefully to the last quarterly call Leon hinted about this very thing.

[Ventoux]

A friendly observsation for you as well. You have been posting on Sherritt since at Least December of 2013 (the stock closed at $3.70 per share that year.) Perhaps you are the one "losing objectivity"? 

[rkhosla]

ok. yes - maybe.  i'm gonna go for a run. One thing I haven't lost is full optimism that we will be sitting above $1.20 come fall. peace    

[Ventoux]

Before you go for your run watch the YouTube video I referenced earlier.

[rkhosla]

lol this is exactly where i am coming from...  the time is coming soon.  made me chuckle - thanks for this.  

[Albatross]

Show me the money!!!! Yes that was good. Let us be patient. GLTA.

[YourFriendo]

Did this ever happen? Is that why the share price is so high now?

[rkhosla]

It was Dec 1 2021 that Contrarian wrote 'Receivables solution forthcoming!' and he insists it still is. And yet we have a receivables agreement already whereby we get their share of any MOA divy over a min threshold.  However, Sherritt as a "equal partner" can't seem to convince our Cuban partners to declare a dividend.  But I am told this has nothing to do with the