RE:RE:JV economicsGood questions Golden, but not new math, just simple math. NPV means 'net present value', what the asset is worth as mine build and all costs, what it will put into the bank for the company, based on various parameters.
The current NPV of Taseko, with $3 copper, is north of 5B. That as we all know, and mentioned in the interview is not reflected in the market cap of the company, at all. The market cap represents Gibraltar, at partial value, zero for florence. When they sold 25% of gibraltar for 240m canadian, the market cap at the time was 400m. People did the math, and the share price began to reflect that.
I will expect that when a JV is reached, it will be at a discount to the current copper price (but not $3), and maybe even a discount to the NPV, but far north of 92M US for 10%.
2024golden wrote: So let me get this right...the best way to increase share price is through jv dilution of the lowest cost producing asset they will ever have???...even when we already have all the cash needed to build out with zero jv dilution??
This must be NEW math huh!!