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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 maldwynon Feb 11, 2022 8:26am
227 Views
Post# 34419453

RE:$1.70 zinc

RE:$1.70 zincI don 't think the hedging program is specifically tied to Caribou even though it is presented that way. They have hedged 74 million lbs for 2022 - to the extent that Caribou falls short of this the hedging will leach into the African production (yet another downside of disposing of Santander  too early). I think a conservative estimate of Caribou production for 2022 would be 50 million lbs which would leave 24 million pounds of hedged production that the African mines would have to cover.


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