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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Comment by KentWilkenson May 08, 2021 9:40am

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Post# 33159475

RE:RE:RE:RE:RE:RE:Transcript

Did they ever read up to what they paid for the puts, anywhere? I missed it, say someone on this board say it without reference, now you state as fact, but where does that info come from? KW

JCSunsfan wrote:
RobertC40 wrote:
why do you guys keep saying they spent $11 million on puts!! crazy

My guess is that the puts were a condition of the bo d issue so that the cash to build Florence would be more or less guaranteed. Lenders routinely make sure you are going to have the cash to finish a project wrote they mill make a loan on it.

just my guess. That price seems a bit steep otherwise. With more than 100 million pounds expected production foe the remainder those puts cost about .11 a pound.