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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

Post by firecracker74on Feb 15, 2022 9:07am
338 Views
Post# 34429337

Halfway there

Halfway thereThe first quarter is now exactly half over with forty five days down and forty five days to go. It is likely that Trevali's African mines have produced about 25M pounds of zinc so far in 2022 with total costs of around $1.20 per pound. Zinc has averaged $1.64 so far in 2022. That means that TV has likely generated about $11M in profits(25M X .44) so far in 2022. I am expecting TV to report a pre tax profit of $20M-$30M next Thursday depending on how much of the 94M pounds of zinc available for sale got sold. I am expecting that between now and the end of April TV will report between $40M-$50M in pre tax profits for quarters 4 and 1 combined. I expect that by the end of quarter 1 TVs bank debt should be reduced from $98M to about $60M-$70M.
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