Sherritt International Corp T.S

Anyone see anything positive

[FarmerSask]

Production shortfall and very high cost of production!
Those were both negative surprises for me.
Sherritt never ceases to amaze me!
Anyone else see anything positive here?

[rkhosla]

Only the perpetual 'hang on a little longer - good times are just over the horizon' refrain vis a vis returning cash to investors....

[Albatross]

“We are pleased with the success of the Cobalt Swap agreement and the liquidity it provides Sherritt. While we had some production challenges this quarter, our Moa Joint Venture’s strong cash position and expected cash flow generation will continue to support our expansion program,” said Leon Binedell, President and CEO of Sherritt International. “Our current liquidity profile and expected future

[CommonCents123]

Albatross albatross albatross...how many times did i say it? Higher input costs coupled with lower commodity prices would squeeze profits. someone on this board disagreed of course because apparently Sherritts Ni escaped the glut pricing everyone else is experiencing. Don't put your money on the fantasy financials...place a bet on the reality ride. We "may" get our money back if

[VerificateASAP]

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[CommonCents123]

WOW - Great start to the day! Sherritt down again. $0.48 after what Mr. V suggests are great results. The EV mkt is exploding. Ni is soaring. The stock mkt is raging. There's no where to go but up apparently? Sophisticated investors! And yet I'm speaking nonsense??? Hmm why would a company's stock be declining in such a great environment?  Why would someone keep promoting

[VerificateASAP]

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[CommonCents123]

You're not buying. You know the reality. I'm disappointed in human behavior that's without conscience.  You're sophisticated whales are selling today.  You provide nothing but false hope. You operate like a casino preying on people's emotions and each time they lose you encourage them to stay.  Fill your boots, you'll be able to average down as much as

[VerificateASAP]

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[VerificateASAP]

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[Stratocheif]

NOPE

[SilenceDogood1]

Production shortfall for sure.  That is worth digging into. Why the cost of production would be a surprise to anyone with nickel and cobalt prices where they are is a surprise to me. This is still a nickel/cobalt play that requires good prices to generate the cash flow "torque" that I hear other posters talking about. The key message was pointed out by someone weeks ago - which is

[VerificateASAP]

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[Sanguinity]

Combined revenue - down Earnings from operations and joint venture - massively down / almost wiped out Net earnings from continuing operations - completely wiped out Net earnings for the period - completely wiped out Adjusted EBITDA - massively down Combined free cash flow - massively down