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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 JoeStockIQon Nov 04, 2021 12:28am
328 Views
Post# 34085231

Q4 Production Guidance Estimate

Q4 Production Guidance Estimate According to the Q3 report, management expects to hit full year guidance of 120M pounds copper production. Therefore, we can expect approximately 36M pounds in Q4, slightly higher than Q3. While that's not a big surprise, it does confirm we can expect results very similar, if not a little better, than what we are seeing here today. Being that copper prices remains very strong, with one month plus a few days already in the books, that is really positive news. Think about the fcf issue Fish is rightfully want to constantly harp on...that is going to keep strong momentum moving forward. In keeping the positive news flowing, 2022 H1 brings us a known sales of our copper at a minimum of $4 US per pound. Plus, on interest payment in Q4. What's not to like here? Thanks to the dreadful lot known as the US EPA, the market continues to ascribe a dime or two "at best" of valuation for Florence. Because of this, there can be little doubt that the ultimate announcement of the final permit for Florence should give an absolute minimum of 50 cents US to the share price, very likely more. Even though the EPA dragging of heels continues to be quite frustrating, it will surprise us soon with a few days / weeks of substantial increases to share price. All good things to come, probably very soon. 
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