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Bullboard - Stock Discussion Forum Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Metals & Mining Industrial Metals & Minerals
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

Sherritt International Corp > To those who were correct...
View:
Post by rkhosla on Jul 26, 2023 9:08pm

To those who were correct...

indeed Sherritt had convinced its Cuban partners to stuff the JV with cash, working capital, and inventory.  Now they barfed it all out with the swap agreement for 2023 all paid out before end of H1.  congrats on that.  BUT hiw will they keep the $114USD mil flowing going forward??
Comment by VerificateASAP on Jul 26, 2023 9:45pm
This post has been removed in accordance with Community Policy
Comment by rkhosla on Jul 26, 2023 10:08pm
because duh the Co and Ni prices no longer conceivably support the amount of cash generation needed to fulfill the swap agreement....  do the MATH
Comment by VerificateASAP on Jul 26, 2023 10:19pm
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Comment by VerificateASAP on Jul 26, 2023 10:27pm
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Comment by VerificateASAP on Jul 26, 2023 11:58pm
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Comment by VerificateASAP on Jul 26, 2023 10:31pm
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