Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

<< Previous
Bullboard Posts
Next >>
Post by miles44on Sep 20, 2020 8:15am
226 Views
Post# 31588265

no disagreement

no disagreementwell, if it helps, guys, I guess you re all kinda "right". Its the difference between reserves and resources. Trevali will have to do some more exploration in Peru and Burkina Faso in the next months/years. So on the one hand they bring costs down, on the other hand they ll have to spend more in capex. I therefore do not calculate with AISC of 0.90 for the coming year, but maybe 1 USD/lb. Counting in lower Treatment Charges this might be a little pessimistic, but I prefer to be pessimistic/realistic. Things would look different if TV gets an investor motivated to finance the restructuring of RP2. Then costs in RP (Rosh Pinah) would get down to 0.65 and average costs for all mines would go down significantly with it. But thats just possibilities. For the moment, as I said, you are all right: TV needs zinc prices over 1.10 to be profitable this year and probably prices of about 1.05 to be profitable in 2021 including the higher investments on capex that are definitely needed. Means: upside potential stays where it is. Downside danger stays where it is as well (maybe a little better). If you think zinc prices stay where they are or rise more, than TV is a good investment. If not: you better sell any zinc producer anyway.
<< Previous
Bullboard Posts
Next >>