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Timminco upgraded to 'market perform' at Raymond James
Posted on May 15, 2008
Andy Nasr isn't quite ready to jump in with both feet following Timminco Ltd.'s conference call to discuss the operational review of its facilities, but the Raymond James analyst is certainly feeling a little more confident about the company's prospects thanks in large part to higher-than-anticipated contract prices. While [Tuesday's] conference call only modestly allayed our concerns regarding execution risk, we were admittedly surprised to learn that the company had and could enter into supply agreements to sell its solar-grade silicon at prices of greater than $60 per kilogram, he wrote ...
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