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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 HA20200on Feb 01, 2022 9:53am
114 Views
Post# 34384648

RE:Currency exchange rates

RE:Currency exchange rates
Weak Namibian dollar may help with RP2 development costs related to expense from Namibia, labour etc...
It will not help with what Namibia does not produce as in materials to construct the plants required and the new large-scale trucks and LHDs are planned to be purchased for the more efficient transportation of material to surface which is expected to reduce costs over the life-of-mine.
We would need a break down between how much of RP2 cost will be Namibian vs USD equipment and material  costs to know how much of an impact a weak Namibian dollar can make.
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