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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Comment by firecracker74on Feb 28, 2022 10:36pm
176 Views
Post# 34469855

RE:RE:RE:Objective Analysis

RE:RE:RE:Objective AnalysisThe reason I am obsessed over quarter 4 AISC is because that is the new reality. Production at Perkoa is expected to average about the same in 2022 as it did in quarter 4 so it isn't reasonable to use AISC numbers for all of 2021 when production will be much lower in 2022. AISC at Perkoa in quarter 4 was $1.36 and treatment charges are going up. It doesn't make any difference what AISC was when production was 41M pounds. That is old news and those days are over. Production at Rosh Pinah is expected to be 20% lower for both zinc and lead in 2022. Once again, that is the new reality. You can't compare full year AISC of 2021 when production is going to be way lower. As far as Caribou, every quarter in 2021 was a disappointment. Caribou NEVER meets forecasts. Anything could happen there, but best case scenario is breakeven. Cash flow depends almost solely on Perkoa. Disappearing zinc or not, production is expected to be way down at Perkoa in 2022. Then there is the matter of treatment charges and inflation. Surely, much of the rise in AISC was due to higher costs. Are fuel costs the same now as they were in 2021? How about supplies and materials, labor costs? Inflation is at least 10% higher than it was a year ago. We are not comparing apples to apples. We are in a whole different situation than we were a year ago. Time will tell, The final AISC for 2021 was $1.06 for the three mines. TV is forecasting a midpoint AISC of $1.08 for 2022 despite a .10 increase in treatment charges, inflation and much lower production. Anyone that believes that needs to find something diferent to smoke.
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