TSX:TECK.A - Post by User
Post by
VOKBLVRon Jan 26, 2018 1:31pm
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Post# 27442306
CIBC Whistler Presentation
CIBC Whistler PresentationAverage met coal price for Q1 2018 is $244/tonne US-much higher than analyst numbers. They confirmed that the South American Copper projects are ahead of the other ones in BC. There was no mention of Credit ratings that I heard but the tone was positive on Fort Hills as well as Zinc for the next couple of years and they have the option to increase capital spending, pay down more debt, buy back more shares, or any number of good things. They confirmed that the Elkview incident will have a minor impact on the overall picture. A very positive presentation with thoughtful answers to the questions asked in the Q&A.