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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

Post by JCSunsfanon May 28, 2021 3:17am
203 Views
Post# 33284314

300,000 pounds a day of 99% pure copper cathode

300,000 pounds a day of 99% pure copper cathode

That's what will be rolling out of Florence in 18 months at a cost of $1 per pound.  $5 copper will produce free cash flow of $1.2 million per working day.  That's around $320 million per year.  And that's only if copper is at $5 a pound  and there is no upsize at the facility.

Gibralter should produce similar cash flow.  More volume but at a higher c1.  

Then NP is worth somewhere between 500 million and a billion in its present state.  Yellowhead should be similar. And then other properties.

10 bagger, easy.

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