GREY:SOHFD - Post by User
Comment by
shakeypremison May 06, 2019 5:14am
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Post# 29713500
RE:Q4 at glance
RE:Q4 at glance
Hi Junior_Miner
It looks like they are just barely breaking even at the operating level. That's just my reading of the results in the MD&A. What are your thoughts? Things might well be better in 2019 given the following;
1 .Concentrate thefts have stopped
2. Zinc prices are higher
3. Theyll save approximately CAD$2m in costs at Campo due to a new renewable power agreement
4. Hopefully less mill downtime at Campo (2 months cumulatively in 2018!)
5. Tahueto continues to ramp up, although they're going to need money to build the production facilities to ditch the toll milling.
Telson beat the EPS estimate given by Hallegarten. They estimated negative CAD$0.069/share whereas Telson reported negative $CAD0.05/share.
I'd say they are definitely going to need another capital injection, Hopefully insiders will support another one done at a premium like last time. Well see. If they do it's another huge vote of confidence from them.