RE: RE: RE: 101 Report - La Verde project Teck is spitting off about $800 million cash flow per quarter.
A single quarter's cash flow could finance the construction of La Verde with 70% equity and 30% debt.
At spot copper prices, La Verde would generate between $400 - $500 million / year for the first 5-7 years.
So for a single quarters cash flow, plus some debt at 6-7%, Teck can boost their cash flow by $400 - $500 million.
Not to mention, La Verde is > 90% copper. Teck's share price is getting killed because it is too heavily weighted towards coal right now. I'd venture to guess the market wants to see them in more copper / zinc plays.
Sounds like a no brainer...