Sherritt International Corp T.S

Nickel Prices

[Bwrbhk]

In the last three recessions, the price of nickel has declined from peak to trough by between 36% (Covid recession) to as much as 80% (the so called Great Recession of 2007-09).  In the 2000-01 recession the decline was 50%.  So far in this cycle, the price is down 40% from the peak.  Take your pick, if this recession is mild, we may have seen most of the downside.  If it turns out to be a severe recession, there could be significantly more downside.

[CommonCents123]

agreed and to add to that misery production costs have increased squeezing profits/potential profits.hence its important for sherritt to reduce debt and costs in order to stay afloat.  Cuba is in rough shape and the delayed payments to sherritt from their government may be re-instated.   Sherritt really can't do anything about it either.  Thems the rules in a communist

[Sanguinity]

>>Thems the rules in a communist country! "We're a communist country.  You know - the proletariat masses." "Rules?" "We ain't got no rules." "We don't need no rules!" "I don't have to show you any stinkin' rules!!"