RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Taseko Integrety
nofluff wrote: Mining has many variables. On op stripping is usually the biggest indivigel cost.
Fuel labor equip buy and repair. It is not just strip ratio that is calculated, but haul depth and distance is big.
We were running at c1 of 1.00 plus when the new resource was brought in. Stu mentioned something like 2.50 u.s. c1 on new resource. With consistant lower grades for some time and inflation c1 on the new resource is likely about 3.00 to 3.50.
Low grade equals lower recouvery percent equals higher c1.
5.00 plus copper solves the prob.
The big q is, what is tko worth?? Currently 2.20 cad and going down.
I will not b paying that as copper price rises all boats. If florence gets permitted and sp is low enough, I may do a buy.
Nf
https://youtu.be/1f8CjNh4Vjs
This is Stu's most recent interview, at least that I could find. At the 2:10 mark he says that the c1 is $2.20-$2.30 lb. Fuel has dropped since November.
And copper is up since then. Every .10 cent difference, either in C1 or copper price is a $2.8 million shift (roughly) per quarter.