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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

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Post by rkhosla on May 12, 2022 9:22am

Contrarian

He is the bond guy - will we hear your opinion on this soon?
Comment by WanTBe1 on May 12, 2022 10:13am
Only good thing is keep paying Debts.
Comment by Contrarian333 on May 12, 2022 10:33am
Its just time arbitrage.  Do you want your cash today at a slight discount or will you wait until after June 15.
Comment by Ernieandbert on May 12, 2022 10:41am
I think the Excess Cash Flow sweep pays out 2x/yr and is next calculated for the 1H22 and paid out in Oct/22.  The amount they buy back is deducted from the formula on the Excess Cash Flow Sweep of what they will need to buy back in Oct/22 as it relates to Min Liquidity of $75mm or more.  
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