FinancingI have owned here for years and been decimated herebecause I bought the NP hype. I held on to 75k shares and refused to sell as I am learning my lesson on investing in areas that I have no business investing. I'm not a trader and didn't add money when it was well below a buck which would have made me more than whole because I had a more speculative stock that was paying off for me.
That said, thank you to regular posters as some of us read but don't participate.
With prices continuing north, due to tight supply, why wouldn't Taseko just try to refinance their current debt and add a 150 million or so and pay the remainder from free cash flow?
They then could pay off the debt in approx 3-4 years and role large from that point on.
Or get the permit and sell for 7-10 bucks a share to someone with deeper pockets?
You could keep some of the management team and some may wish to retire at that price.
I just don't like the talk of giving away the mine like they did with the PP for in my opinion peanuts.
Thanks and Good Luck!