Taseko Mines Ltd T.TKO

Alternate Symbol(s): TGB

Metals & Mining Copper

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.

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Taseko Mines Ltd > Looking ahead

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Comment by JCSunsfanon Aug 11, 2022 1:10pm

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Post# 34888786

RE:RE:Looking ahead

nofluff wrote: Yah jc. Sp mulyiples have a lot to do with debt and dividend. Looking ahead, lets say 2024 q4 we are flor. full ramp. Lets say to the bank is 100 million u,s. per year gib. I believe we have 130 mill u.s. in bank. So 330 million. Lets say 200 million to finish flor. That leaves 130 million in bank. Net debt 120 million against 300 million ebitda oer year.

nf

This is why they are looking at a small credit facility if they run uncomfortably low on cash building Florence rather than looking for a junior partner.

Why pay perpetually when you can get a short term loan and be finished?

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