RE:RE:Next WeekThe Q1 forecast is brutal. CIBC forcasts ($20M) as the cash loss. The "street" is apparenlty also a loss at ($14M). Downtime I suspect, but the whole log chipping and whatnot must be driving up costs in the main BC ops. That Taylor outfit can pull from Albera so it is fine, but I guess it's been idle a lot of the Q.
Not sure why there'd be other downtime as Northwood is the driver and it got smoked with downtime in Q4. But it's the nature of pulp in Canada -- our mills are ancient and the age is showing.
https://www.princegeorgecitizen.com/local-news/taylor-pulp-mill-shutdown-extended-5212053
For price, I can't see downside rationally but this may see $4. I'd be surpised as this is lower than it's been in history, ex-GFC. The parellel to 2019 is highly odd as that was trashed pulp markets.
So, I guess I'm buying in tomorrow.