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 > flor jv

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Comment by 2024goldenon Feb 25, 2021 12:55pm

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Post# 32659035

RE:flor jv

....the analyst from TD told BB that a JV for Flo should be off the table, with high/higher copper, cash on hand, Gib earnings...why JV such a fantastic asset??

in normal/usual times mabey those numbers make sense, but to lose 8.5 M lbs per year for 21 years that is about 25M$US ebita/yr at about 4$ copper....for $100M CDN now. (or 4 months of Gib ebita)

So in 3 yrs the jv partner will be fully recovered their investment and 18 years of gravy....if we absolutely needed to sure, but absolutely no need. You could hear that the TD analyst was disappointed with BBs answer!! This is not a low tolerance for risk, just no sense of value.

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A PGM mining stock with value written all over it