OTCPK:NNDIF - Post by User
Post by
Bigbird999on Feb 23, 2015 1:35pm
194 Views
Post# 23455645
Dates of interest
Dates of interestFeb 25 is the day we get paid our January Dividend. It is also the ex dividend date for the Feb dividend (payable March 25). Good news for the DRIP gang is that price will likely tick down 4 cents
March 11 is the day they will release the 2014 Q4 results. Results will be in line with Q3 ~$80 million EBITDA.
They will probably include 2015 guidance which should be several million $$$ better than 2014 because:
- favorable US Cdn FX rate
- increased treatment charges under the supply agreement. Treatment charge will increase 0.4 - 0.5 cents per lb of Zn to ~40.5 cents per lb. This alone adds ~$3 million in revenue.
- CAPEX will be lower because Si treatment project which consumed $20 million over last 2 years is complete
- Cell house rehabillitation project was completed in 2014 which increases capacity ~1% and reduces OPEX by about $1 million
- Premiums for metal grade/shape/location will stay strong at >10 cents/ lb
They are going to have a tough time putting a negative spin on the 2015 guidance but as we saw in the Q3 report they can include lot of negative language about the end of the supply agreement.
It will be very interesting to see what happens.
Meanwhile..........you gotta love those dividends
BB