RE:RE:RE:Spoke to BrianPokinFun when did Taseko trade at 4 dollars? Look in the mirror my friend. You were correct about TKO being too high. Don't be a broken clock. We are really cheap right now, and likely to get marginally cheaper, but with a permit pending the lower we go, the higher we bounce when that hits. Yes Gibraltar struggles to be profitable while funding mine developement at Florence and there is lots of accrued depreciation from TKO surviving the 2012-2019 slump in copper. But since we survived copper at 2 dollars when the USD was par with the CDN I am pretty sure we can survive 3 dollar USD copper which is 4 dollar CAD since we generate EBITDA regardless of profits.
Florence is the prize and nothings changed there (Just governments dragging their feets). Nice thing is either the government gets back to work which seems to cause havoc all across the developed world or administrations are replaced with more competent people and permits are issued. In the US we know that BIden is headed for a TRAIN WRECK in just 4 months with midterms. Watch things change from there. The US could easily add 3 to 5 million barrels of production in the next 2 or 3 years driving a stake in the heart of Putin.
As for decarbonization and EVs Taseko is in a very sweet spot. Time in the market beats timing the market and currently smart money is waiting for a bottom. Once the bottom is reached, and I doubt we are that far away, people will put their money somewhere. Likely a 1st quartile, low carbon emission carbon mine in a stable jurisdiction will attract some attention.
The bottom is nigh.