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Bullboard - Stock Discussion Forum Conifex Timber Inc T.CFF

Alternate Symbol(s):  CFXTF

Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation... see more

TSX:CFF - Post Discussion

Conifex Timber Inc > Financials
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Post by shawshank2 on Jan 18, 2021 9:30pm

Financials

I went through q3 and from what I can tell this company is in no way cashflow positive even at current lumber prices and bleeds cash when lumber was cheaper???
Comment by horseshoefalls on Jan 19, 2021 1:03pm
Elaborate.
Comment by 2young2invest on Jan 21, 2021 12:33pm
They've restarted opertions on July 6, there is startup cost paid upfront. You should read Q3 transscript, I don't remeber details, but USD$350+ lumber is profitable for them.