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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 Feb 08, 2022 1:12pm
228 Views
Post# 34409293

Today’s Math Quiz

Today’s Math QuizWhen Florence gets into full production, here are some numbers of great importance: Gibraltar C1 of $1.85 / AISC $2.25 with approximately 100M per year production going to Taseko"s 75% share. Florence C1 of $1.10 (includes royalties) / AISC of $1.40 with all 85M per year production. That creates a blended C1 of approximately $1.50 / AISC $1.85 on total production of 185M pounds annually. Let's keep the math super simple for those challenged with numbers. Using a meager $3.85 per pound copper price, what will EBITA look like on a 270M share float?? Hint: Use the blended AISC and meager copper price projection to come up with an easy number like (2)?! Then, multiply that easy number (2) by total / blended annual production (185) and come up with what (370)?! Finally, divide that number (370) by the total share float (270) and what do you get? Hint: Your end result is safely over the number (1)?!  Next question: What does $4+ copper do to this equation? Final question: What should / would Taseko share price be with an EPS of a single US dollar bill? Granted, can't use these numbers until Florence gets into full production. Also remember, first year Florence production pegged for 50Mish. But, markets do look forward. So let's hear it: Utilizing the above numbers, what will Taseko adjusted EPS look like in 2024 and 2025??
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