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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

Post by firecracker74on Feb 28, 2022 8:52am
195 Views
Post# 34467016

Perkoa care and maintenance?

Perkoa care and maintenance?Drilling is also scheduled to resume in H1 2022 on the T3 horizon once the underground ramp has reached the deepest level which will provide better drilling angles at depths. If underground exploration success is achieved, it is likely to include a suspension of operations and a period of care and maintenance prior to mining due to the need for additional drilling and underground development. --------- You have to read every word of these reports. It appears that IF exploration is successful in H2 of 2022 Perkoa would still need to close and go on care & maintenace for awhile and they would incur CAPEX expenses. This does not bode well for cash generation in 2023.
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