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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 May 02, 2022 8:35pm
1761 Views
Post# 34649672

1st quarter report

1st quarter reportNot that it matters anymore, but I'll give you my take on quarter 1. It will be quite good. TV would never have released the numbers this early if they weren't good. The main reason is because there was a $9M lead shipment from December that didn't ship until January and it will be counted in 1st quarter revenue. I expect 60M pounds of zinc shipped. I expect revenue of $90-$95M and an after tax profit of $12M. It is all pretty meaningless now. There will almost certainly be a significant loss in quarter 2. There is now even the danger that TV will not be able to raise the $20M in pre work RP2 capital that was going to come from cash flow. They will likely need to raise the entire $200M now and maybe more. This will make the financing VERY difficult.I expect an AISC of $1.15 for quarter 1. It would have been $1.30, but the lead shipment reduces AISC by .15 for the quarter. While the government is detaining Trevali management perhaps they can also investigate what happened to the missing 6M pounds of zinc? No one knows for sure how much this will all cost and if the mine will ever reopen. Would they dare reopen if they don't find the missing miners? It looks to me like Trevali is toast. To HA and ML, I have you both on ignore and I don't hear a word you say. You don't exist in my life. To everyone else, I'm sorry for your loss and mine to. I'm especially sorry for the families of the missing miners. 
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