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Conifex Timber Inc T.CFF

Alternate Symbol(s):  CFXTF

Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation facility at Mackenzie, British Columbia. Its lumber products include J-GRADE, 2 AND BETTER, SELECT, STUDS, ECONOMY and 3. The Company operates a two-line sawmill in Mackenzie, British Columbia (the Mackenzie Mill). Its Mackenzie Mill has approximately 240 million board feet of annual lumber capacity on a two-shift basis. It operates a 36-megawatt biomass power generation plant in Mackenzie, British Columbia (the Power Plant), located at the site of its Mackenzie Mill. Its Power Plant's output capacity is in excess of 230 gigawatt hours (GWh) of electricity per year.


TSX:CFF - Post by User

Bullboard Posts
Comment by horseshoefallson Dec 26, 2019 10:27am
160 Views
Post# 30491091

RE:RE:Horseshoe -- status quo? Good Q. Let's discuss...

RE:RE:Horseshoe -- status quo? Good Q. Let's discuss...What's your opinion on the current value then if they just blew everything up?
Sell MacKenzie and associated tenure, plus the power plant and pay off the rest of the debt.

They obviously can't get fair value for the power plant at this point, but I'm sure someone would want MacKenzie.   ...with Polar stepping in, it makes me wonder what's brewing in the background - obviosly these guys are stepping in with an opportunistic view of extracting some value out of what remains and doing so at a dirt cheap price with plenty of upside.
Bullboard Posts