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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

Comment by JCSunsfanon Apr 05, 2021 8:40pm
139 Views
Post# 32939399

RE:RE:RE:Updated presentation (from early March)

RE:RE:RE:Updated presentation (from early March)
spitfireIVX wrote: Whats the diff between proforma and cash in the bank?  Someone care to enlighten me?

"Strong balance sheet with $200 million of cash (proforma) with no maturities until 2026"

Pro Forma Balance Sheet

A pro forma balance sheet summarizes the projected future status of a company after a planned transaction, based on the current financial statements

The bond issue has not transferred to the Taseko account yet. That would make sense with the numbers presented and would fit with previous statements about account value.  It does mean that Q4 did not add much cash to the coffers. 

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