Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Sherritt International Corp > Bonds this AM
View:
Post by Contrarian333 on Nov 27, 2023 8:04am

Bonds this AM

SCN    8½   26 79.750 - 81.750
SCN    10¾  29 66.750 - 68.750
Comment by rkhosla on Nov 27, 2023 9:52am
what is your explanation for the resilience? I mean the company cannot generate positive cash it seems with a nickel price below $10 so wondering why the disconnect.  they might manage to pay interest on the 2026 bonds, but capital repayment seems unlikely.  
Comment by VerificateASAP on Nov 27, 2023 10:44am
This post has been removed in accordance with Community Policy
Comment by YourFriendo on Nov 27, 2023 10:48am
Low volumes, not real indicative pricing.
Comment by VerificateASAP on Nov 27, 2023 10:51am
This post has been removed in accordance with Community Policy
Comment by mas7575 on Nov 27, 2023 10:56am
Is it positive cash that they can't generate at $10, or net profitability? They have a legacy of losses and write-offs from past missteps that continue to haunt their "paper" profitability, but I was under the understanding that at $10 their CF is decent.  maybe I am confusing the context of the question? cheers, mas75
Comment by VerificateASAP on Nov 27, 2023 11:06am
This post has been removed in accordance with Community Policy
Comment by rkhosla on Nov 27, 2023 12:30pm
Well i would have hoped so, but based on the last Q with reference price i believe around 9.25, the reality seems quite different.  
Comment by VerificateASAP on Nov 27, 2023 12:39pm
This post has been removed in accordance with Community Policy
Comment by VerificateASAP on Nov 27, 2023 12:43pm
This post has been removed in accordance with Community Policy
Comment by CommonCents123 on Nov 27, 2023 5:53pm
Since maybe is your new word, maybe, just maybe the tooth fairy and Santa Claus will team up to help Sherritt and the shareholders who didn't dump their shares. Coal for you rkhosla!  Stop being realistic in this fairytale. Just relentless....taking bets on how long it will be before he disappears and is on to the next one?
Comment by VerificateASAP on Nov 27, 2023 10:43am
This post has been removed in accordance with Community Policy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities