Taseko Mines Ltd T.TKO

so jc

[nofluff]

U r over budgy on swing. U do not care about losing the big up. U juss pulling home wages.

nf

[nofluff]

So a couple days ago I decided, copper bottom was in. So I starred buying on the down. Got 3 complete fills. Just glad it was not my 40% wrong time:)) nf

[JCSunsfan]

Didn't selll, didn't buy, just holding.   Within a short time, this company will be producing 200 million pounds of copper per year.  They will do it at an average cost of $1.40.  EBTA at  $4.50 copper will be roughly $600 million per year.  That is 120% of the present market cap.  10x EBTA is a conservative market value for sp.   Thats

[nofluff]

Yup!!

[BlueBee]

What will / might be extracted from the 200 million pounds? 25% 0f Gibralter's production for JV? 8% of Florance production for royalty? 10% of Florance production for JV? What might add to the 200 million pounds? Gibralter expansion, (and would the JV share in the cost of any expansion)? Up-size Florance production?

[JCSunsfan]

Florence C1 is .95 with the royalty it's 1.10.  I already figured that in.  BB presented the royalty as a fixed rate per pound,  not a percentage of revenue.

[BlueBee]

Thanks for the clarification.

[JCSunsfan]

The 25% of Gibraltar is already well known.  BB said that the main purpose in adding a JV to Florence is to get market recognition of its NPV.  So that would be good for shareholders IF they do it.  Otherwise they just build it themselves.  It's pretty easy with copper at $4.25 and going up.

[2024golden]

Again in that last presentation BB also stated the jv valuation was based on a discounted  $3 copper NAV....can only hope we build it alone with pissant thinking like that! But...I feel another "friendly" JV partner will likely buy in on the cheap.

[nofluff]

Time for some math guessing. The reason for 2 horrid qs. Bad management. Corp was not spending and so simply run out of ore. So that was a 100 million dollar boondoggle. Then we gave 15% of the entire farm away for 40 million on pp. So that was at least another 100 million boondoggle. So tko is now trading at half comparative value to cs and cmmc.  But they have done some good stuff. Did

[metalhead666]

My math is the same as yours....I see no way we're not a $20 stock.  Look out 5 years to Yellowhead with huge cash flow and money in the bank to fund it....it will be a lot higher than $20 eventually.  The real copper deficits begin in 2024 or so right about the time Flo is spitting off huge cash...fund Yellowhead then with copper $5 or $6 or more... and bam! Double that target. 

[JoeStockIQ]

How about we get over $3 US before talking about big numbers? How about management making some solid business decisions now that they're in a much stronger position? Once they prove they can get Florence and Yellowhead positioned correctly, then we might have an honest discussion about where the share price might go. The ball is in their court, let's see if they can make up for some prior

[2024golden]

Yes, a LOT will happen in 5 years for sure!!....possibly a takeover once Flo has final approval.

[metalhead666]

Sure but if the potential for a 10x bagger isn't there I'm not interested.  This is a once in a lifetime situation with the "green revolution" and we should all think big or go home.  I've read nothing by anyone that doesn't call for deficits in Lithium and Copper accelerating around 2024 just 3-4 short years from now. That tells me that prices are going only