Sherritt’s CEO optimistic about future nickel prices – Business Network News (The Street – April 29, 2015)

 

http://www.bnn.ca/

David Pathe, Chief Executive Officer of Sherritt International, joins BNN’s “The Street” to discuss the mining industry, nickel, and relations with Cuba. He says that he sees a shift from excess nickel supply to surplus demand over the next several years, which will help the company’s bottom line. Despite lower production costs, Sherritt posted a first-quarter adjusted loss of $0.24/share from continuing operations. Pathe also says that whie debt levels at the company are higher than he’d like, he is comfortable with the balance sheet.

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