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 > $250M in cash

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Comment by sclardaon May 20, 2021 6:04pm

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Post# 33245410

RE:$250M in cash

firecracker74 wrote

I expect TGB to have $250M in cash CAD as of June 30, 2021. If copper is $4.50-$5.00 I expect cash flow of $50M per quarter. If construction begins on Florence in quartrer 3 and takes six quarters to complete TGB will need $50M per quarter to complete the project. If copper is $5 in 2023 then with the much lower costs at Florence TGB could easily generate $500M in cash($200M-$300M0) in 2023. How much would TGB be worth in 2023 if they have $250M in cash on hand and they generate $500M in cash? Can anyone say Yellowhead?

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Can anyone say Pumper.

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