Taseko Mines Ltd T.TKO

Taseko shoud do another finance

[Whvcgold]

They did 400M aleady Why not to get another 50-100M

[2024golden]

Gib is adding 20M+ every month ebita...no need for jv and no need to borrow more.  By end of this year we will have ALL of Flo const covered, plus at least $100M in bank. Continue banking Gib next year + jv to build Yellowhead starting early 23!!

[KentWilkens]

With CU over $4.20, they may be no need to, but TKO does not know how long it will stay up for, and nobody else does either. So they hedge their bets, always. They never stick their neck too far out (well, they have in the past, and that is why we still carry the debt). They understand leverage (except when they mine just dirt, during CoVid, get out of their comfort zone...) They do NOT

[scramblin8man]

amen KW exactly my sentiments. Easy to borrow money in this environment. Then derisk Yellowhead by partnering with a major. Yellowhead is a big project.

[2024golden]

For sure there are other options to a JV...all of them better than a JV!!

[EStreet]

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?

[JCSunsfan]

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.  

[JCSunsfan]

Remember.  These are the same guys who were buying copper puts in the mid 2's.  They are REALLY cautious.

[2024golden]

...also gold and silver byproduct streaming for Yellowhead!!