Taseko Mines Ltd T.TKO

Alternate Symbol(s): TGB

Metals & Mining Copper

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.

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Taseko Mines Ltd > JV economics

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Comment by 2024goldenon Feb 12, 2021 1:24pm

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Post# 32553895

RE:RE:RE:JV economics

The economics of jv are very simple.....we are selling life of mine production for cash today.

15% of annual production represents approx $50m us/year at anything close to $4/lb copper.
So even if by some miracle they are able to get us200m jv for 15% ...the jv partner is FULLY flush in 4 years.

Again, if we could not build Flo and needed the jv cash to do it then by all means get the best deal possible and proceed with the jv.

But...we have 100% of the $$$ to build Flo right now....so how can any jv dilution make sense???

We will be selling huge future profits with any jv...very short term thinking for sure!

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From now on, dynaCERT instead of Bitcoin or NVIDIA?