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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

Bullboard Posts
Comment by SafehouseCanadaon Feb 20, 2019 8:06pm
192 Views
Post# 29391330

RE:Best guess for tomorrow

RE:Best guess for tomorrowThe impairment charge is just balancing the books to reflect that their mines are worth less than a year before (recall how 2018 went lol). It doesn't directly impact cash flows or expenses at all. Investors will focus on $0.01 earnings. A bit of a miss, but they still made money and they don't have debt. Good quarter for 3 mines, but caribou sank them at $1.93/lb All in sustaining cost! You can bank on better than $0.01/Q going forward cause TV would just lop that limb off if those kind of numbers are the new normal. $0.01 for earnings sounds bad but the whole company with very little debt down at $0.40 total Market cap lol 
Bullboard Posts