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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

Comment by JCSunsfanon Sep 07, 2021 12:56pm
178 Views
Post# 33819291

RE:RE:my guess

RE:RE:my guess
nofluff wrote: So we are talking about a corp year end net debt if no florence of about 0.

Earnings of about 3.00 per share. So about 100.00 per share without florence.

Someone check my math please. 

nf

34 million pounds at a average price of $4.20 US/lb.
COP should be around $2.
Net rev--$74.8 million x75% ownership for $56.1 million in the qtr. 

Q4 should be similar.  So we are talking about adding somewhere around $100 million USD to the coffers by the end of the calendar year, barring unforseen circumstances. 

Add that to the $230 million presently on hand and you have $330 million.  Doesn't quite make it a net debt 0 I think.

However, something always happens to mess up this rosey picture. 
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