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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 kramaswamyon Apr 26, 2022 10:52pm
175 Views
Post# 34634479

RE:RE:RE:RE:RE:Tempted to buy more

RE:RE:RE:RE:RE:Tempted to buy moreYou're the one who mistook reserves for revenues /shrug

If you want to continue being ignorant, go right ahead. A fool and his money are soon parted, as they say.

If you want to actually understand how mining companies work, realise that mineral reserves in the ground do not produce revenues until they are extracted. If Perkoa is indefinitely offline, then the quarterly earnings until (or if) it eventually comes back online will be significantly impacted. Revenues from that mine will disappear, however, fixed costs will continue to be incurred, along with variable costs that can't be forgone.

Glencore is irrelevant in this picture. They'll have absolutely no qualms with letting Trevali file for bankrupcy and be given their share of the pie in settlement proceedings.
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