Wow. Debt reduction and dividend talk! This is the first I remember talking about major profits in the near future going for debt reduction and dividends.
Stuart McDonald, President of Taseko added, "We acquired additional copper put options in the first quarter but have retained 100% of the copper price upside so we will continue to benefit from further copper price increases in the future. Excess cashflow from continued high copper prices in the years ahead, or proceeds from any accretive Florence financing transaction, could be used for debt reduction or dividends."