RE:RE:RE:RE:Taseko shoud do another finance EStreet wrote: Begs the question, why didnt they borrow the total amount in the first place,,. Im sure this is a valid consideration for TKO, along with other options, if the share price is $5.00 plus in a years time and copper as well there will be plenty of options including finance,,.
Could the answer be, they really dont need to do anything yet?
Probably because copper was in the low threes when they were negotiating the loan and they want to make sure they can cover the payments with Gib revenue. These guys are pretty pessimistic when predicting the price of copper. Good grief, the last interview they did had a chart where the high end price of copper was 3.45! They think like accountants and engineers.