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 > What is 20% of Florence worth now?

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Comment by nofluffon May 09, 2021 9:10am

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Post# 33161449

RE:RE:What is 20% of Florence worth now?

Currently tko trades bond and share price value of 1.5 billion cad.

So a gib mine with only 300 million cad debt and producing a dollar eps should go at 25 times for 25.00 per share. With the other 200 million cad debt applied to flor and another dollar eps we have a 50.00 sp.

So if a metals taker bought 50 million shares at an average of 5.00 and sp goes to 50.00, the taker makes 2.5 billion dollars.

If averaged 5.00 a pound cost for 350 million pounds copper the takers cost would b 2 billion pounds. So end of mine pays for copper from tko shares with 500 million left in bank. Also, every year after a couple, taker gets 50 million dividend. So end of florence game, taker has all copper free with 1.5 billion in the bank.

It is probaly a taker, buying ip tko right now.

nf

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