Taseko Mines Ltd T.TKO

Shake

[copperminer]

Nf, casting out doubt about the Taseko / Mitsui deal suggesting a con, is beyond you. It had all the looks of a tree shake, try and own what you say.  Or prove it

[joeblowie]

This post has been removed in accordance with Community Policy

[Johnnychoo]

This post has been removed in accordance with Community Policy

[nofluff]

Sorry miner. My comment got the truth out quick. You keep looking fir a wiz match. Not going to happen.  Try to have a nice day. nf

[nofluff]

Of course I have had wiz matches before. When I was about 6, a buddy of mine and I devised a contest. We each had a normal wiz. Then we each guzzled 1 liter of water. The 1rst one to feel the need drew a line in the dirt. Then he turned on the pressure. Immediatly after the other contestant would compete. We could not get it into the olympics though.  Perhaps we could meet at cheams golf

[JCSunsfan]

Ye old prostate again huh?

[nofluff]

ya. I think would b fair. Both about 70. Jc could fly up to refery:)) nf

[copperminer]

Nf, you know what you said, what you implied, that a $50M first in, then followed by a second $50M in, for 10% ownership of the Florence, was a con, and it was shocking. Not a wh#z contest, but liability on you. Sleeping like a baby Swooosh with the Flag

[nofluff]

Sorry for your mental troubles miner. Getting to the truth is no liability. Announcing two 50 million financings is strange with all the borrowing they have done. Those financinigs are identicle to the mitsui financings. If mitsui, pulled out of the deal and these new financings are done much cheaper then a con for sure. It appears that mitsui is still in the mix. We will find out for sure, in a

[JCSunsfan]

??? What new financings?  The Mitsui deal is what we are talking about.  It was announced a year ago but did not go into effect until permit approval.  

[nofluff]

Jc.  Tko said there would b 2 small financings in the form of loan and royalty. Then they said two 50 million financings early in the year on top of mitsui and another financing. So mitui is not a financing according to miner. It is just selling 5 and 10% to help fund the build. Hope all is clear and miners bp is alright:)) nf

[nofluff]

The financings are found in the 3rd paragragh of the 1rst florence headingnin q3 report. Perhaps miner could call stu and tell him that mitsui is not a financing:)) nf

[JCSunsfan]

I was not aware of any additional financing until the PR posted at 9 am. regarding the Generale buy in My quick math says that 1.95% of revenue from Florence is about $6.6 million per year at $4 copper.  That's at 85 million pounds.  Of course, if production falters, payments are less too.  If it is better, payments are higher.   looks to me like Florence is completely

[nofluff]

So 2% on total revenue is twice as expensive as mitsui 5% of buy in. That is only 140 million over 20 years. They must think copper is going up. This now values tko at around 2 billion.  Now is the time to sit back and enjoy the ride:)) nf

[gordo323]

Stuart McDonald, President and CEO of Taseko, commented, "The Taurus royalty and the project loan facility from Societe Generale complement the previously announced commitments from Mitsui and Bank of America. A total of US$175 million from these four well-regarded industry participants is a strong endorsement of Florence Copper's technical merits, attractive economics, and favorable

[JCSunsfan]

Its actually a great move from Taseko's perspective.  While they might pay a bit more than regular financing, if something goes wrong--production falls, or copper drops, their obligation drops as well.  Less risky than straight debt.   Looks to me like a good move.   NF, I am not sure how your $2 bil evaluation works since it is is 1.95% of total revenue, its a

[nofluff]

If they had gotten 5% ownership for 50 million they would make about 300 million u.s, life of mine. 2% of 7 billion is 140 million life of mine. So mitsui got twice as good of deal. These r robust numbers. My q is. R they written in stone. Or are these forward looking statements until some more whoops to jump through. Market is not responding to news. It is like me. Show me the money!! Happy

[copperminer]

Nf, do you have any clue about what you are talking about?  Mitsui was not a financing. It was a buy in at Florence for 5% of the mine x's two times. That's why there was a rush to value the Florence at $1Billion. Sleep Tight