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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. 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... see more

TSX:S - Post Discussion

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Post by rkhosla on Oct 19, 2022 11:43am

Boooo

Fallen below $40 again : (
Comment by VerificateASAP on Oct 19, 2022 11:50am
This post has been removed in accordance with Community Policy
Comment by Dgolby on Oct 19, 2022 12:51pm
Not good! Is this dog ever going to run again?? 
Comment by FCPlady on Oct 20, 2022 12:05pm
Makes no sense that S has given up almost of its gains since announcing the payment deal.  Was expecting the start of runup to north of $1.  
Comment by Nickbull on Oct 20, 2022 2:14pm
Panic slowly  this thing always sells off going into earnings. I have nothing that makes me think there will bad news in this 3rd quarter. Again it's on a short leash but with the cobalt swap expepected to add .15 cent a year starting 2023 and nickel holding up around the 10$ mark this market castaway will be awash in cash.   The fear of going bankrupt are gone. The market ...more  
Comment by Dgolby on Oct 20, 2022 3:40pm
Thanks for the insight!! I hope you're right :)
Comment by mas7575 on Oct 20, 2022 4:47pm
I agree with you.   I keep trying to see why SP is being held this low, even with the stars aligning for continued increase in CF (and hopefully extended profitability as well).   Maybe the market is still taking a wait and see attitude, if they think that the increased CF will simply go to retiring bonds and debt? To me this is a big positive for LT prospects of the company, but ...more  
Comment by VerificateASAP on Oct 20, 2022 6:30pm
This post has been removed in accordance with Community Policy
Comment by Maxmoe on Oct 20, 2022 8:28pm
Some of us are also skeptical that the new management will follow a different "pathe" from the old self enriching cabal . The massive package they felt entitled to in mar22 qtr, despite the massive drop in the stock price,  makes one skeptical lowly common shareholders will ever benefit after debtors and management take their "share". But at 1X EBITDA, I don't know how ...more  
Comment by VerificateASAP on Oct 21, 2022 10:33am
This post has been removed in accordance with Community Policy
Comment by rkhosla on Oct 21, 2022 2:32am
lol the 'divy' i keep referring to is a big whopper from the JV to Sherritt.  Not to us peasant common shareholders.  not yet
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