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Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

Taseko Mines Limited is a Canada-based copper focused mining company. The Company's principal assets are the 100% owned Gibraltar mine (Gibraltar), which is located in central British Columbia and is one of the largest copper mines in North America and the Florence Copper project, which is under construction. The Company also owns the Yellowhead copper, New Prosperity gold-copper, and Aley niobium projects. The Florence Copper project is located south of Phoenix in the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola region of British Columbia, approximately 150 kilometers (km) northeast of Kamloops near the town of Vavenby. The Aley niobium project is located in northeast British Columbia. The New Prosperity property is located in south-central British Columbia and hosts one of the most significant copper and gold deposits in Canada. It is also located in an area of cultural significance to the Tsilhqot'in Nation, known as Teztan Biny and Nabas.


TSX:TKO - Post by User

Bullboard Posts
Post by cupricityon Jan 07, 2015 9:08pm
262 Views
Post# 23296572

Curis estimation

Curis estimation200 million to build- very doable.

29% after tax IRR

80 cents per pound average life of project cost

3 year after tax payback

2.4 billion lb reserves (not resources)

So life of mine cash flow 2.4 billion times 2.75 long term copper price less 80 cents is 1.95 times 2,4 billion or 5 billion dollars of cash for a 200 million capex.  All this on a nice tidy PFS study.  Excellent aquisition at the bottom of a very fugly market.  Looking back it is all nice.

And I just can't wait for this nice little court case to wind it's way through the courts, in an election year, when the Harper crew really needs to pull a win out of BC to fend off a surging Justin Trudeau, in a riding with 13 percent unemployment and dwindling timber resources.

  With Prosperity on the table the NPV of these two projects is well over the current stock price to say nothing of Canadas largest copper mine.   Rock on.
Bullboard Posts