Timminco Ltd (TIM)

[alexander77]

Great Q results:tomorrow +1CAD for sure:

Generated positive EBITDA from silicon metal product line, Consolidated sales for Q3-10 increased 94%, Sales from silicon metal product lines increased 121%, Normalized EBITDA was $2.0 million compared with negative $7.7 million
+

money not implemented in Q3:
40.3 million us dollar: completed majority-owned production partnership transaction with Dow Corning Corporation for net cash proceeds of US$40.3 million;

+ Fully repaid US$27.7 million Bank of America debt
(both subsequent to quarter events)