Taseko Mines Ltd T.TKO

Re Re Re Re 40F

[copperminer]

With what we're doing with the Florence, we need financial stability for this next 9 months, no catastrophic drop in copper price. In a way this put protection means we go it alone, 100% ownership of Florence. Don't forget. we still have 53M Lbs for open market, so our overall sell can react to market without damage, and Florence moves ahead.


Fellow shareholders, breathe easy, another brilliant move by Taseko. With the Florence bagged, we advance to where, the Yellowhead? or maybe the NP?.


Another Swooosh with the flag.

[KentWilkens]

Cm, your post indicates you think the price protection requires them to sell the cu at 3.75, which is not the case. All of TKO production will be sold at the market, not just 53m. The put allows them to have the option to get 3.75 for 41m pounds should cu drop below 3.75. The only question outstanding from the NR is what did it cost to get that put? Was it 2c a pound, 10c, 20c, what was the cost

[nofluff]

Not sure what u mean by 53 million pounds. It sounds like you think that is all tko copper. If guidance is met tko nets 75% of 125 million or about 93 mill pounds. Total put 2021 is about 80 million pounds. So if copper drops to 3.50 in 2nd half the tko picks up 13 million cads from put less put cost. The 13 million pounds un hedged would sell tor 3.50 u.s. 3.75 put us very high. Only about 6

[JCSunsfan]

It also takes uncertainty out of the equation for an JV interested in FC