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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

Bullboard Posts
Comment by HappyInvestingon Apr 06, 2016 5:04pm
76 Views
Post# 24738415

Need some help with revenue calculations

Need some help with revenue calculationsWhere did you get your "...the reported 13,078,864 / 6,337,737 / 224,021 numbers" from?

Anyway, keep in mind that the "payable production" figures relates to the metals produced during the quarter - not what was shipped.  The news release numbers are produced, not sold.  

Secondly, smelters don't pay for 100% of the metal in the concentrate, as some of it is lost in refining. You can get anywhere from 85 or 95%, but it depends on the customer, and there are all sorts of penalties, and treatment & refining charges that are netted against the revenue numbers.   Those last tid-bits are disclosed. 

Using the payable metal SOLD numbers from the MD&A for Q1-2015 of
Zinc 11,793,052 lbs at $.93
Lead 7,271,847 lbs at $.81
Silver 244,333 oz at $16.43

Do the math and then multiply by 1.2412 - the ave CDN-USD exchange for the quarter and you will arrive at a number that is very close to the $25. million.
Bullboard Posts