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Bullboard - Stock Discussion Forum Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

Taseko Mines Limited is a Canada-based mining company. The Company is principally engaged in the production and sale of metals, as well as related activities, including mine permitting and development within the province of British Columbia, Canada and the State of Arizona, the United States. The Company’s principal property is the Gibraltar Mine, which is a copper-molybdenum mine that is... see more

TSX:TKO - Post Discussion

Taseko Mines Ltd > Re Lets be conservative here
View:
Post by copperminer on Nov 14, 2020 7:08am

Re Lets be conservative here

Yes NF, all good. We ended Q3 with $73M stashed away. And now another $32 M inbound from the underwritters, then the PP cash around $3M for a total of $108M, and inventory left on the ground re Q3, something like 3.5 M Lbs

Maybe I have to go back to smoke signal reading school, but the Share float out says loudly that this game is on.

Taseko never Sleeps
Comment by nofluff on Nov 14, 2020 11:00am
Yes miner, I also did a final mathe error. Should have read 160 million banked cads. We will always have some inventory at q end. But that is the same as money in the bank. So I will up my number to 170 million q4 end. Stock ore must be worth 10 million for 180 million q4 end. So only 160 million would b cash. 20 million could be borrowed against. So then 100 million still needed. Bond ...more  
Comment by 2024golden on Nov 14, 2020 11:46am
WOW!! We are all with your math....Tahiti here we come!!
Comment by sclarda on Jan 13, 2021 9:11pm
All fluff wrote Yes miner, I also did a final mathe error. Should have read 160 million banked cads. We will always have some inventory at q end. But that is the same as money in the bank. So I will up my number to 170 million q4 end. Stock ore must be worth 10 million for 180 million q4 end. So only 160 million would b cash. 20 million could be borrowed against. So then 100 million still ...more  
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