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 > Another shoe to drop?

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Comment by JCSunsfanon Dec 21, 2022 1:37pm

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Post# 35185143

RE:RE:Another shoe to drop?

profittaker1 wrote: I would read the release on November 3rd regarding the 3rd quarter.

"The Company had a cash balance of $142 million and has approximately $210 million of available liquidity at September 30, 2022, including its undrawn US$50 million revolving credit facility."

Add another $50M USD and they have over $200M CAD in cash and $270M CAD in liquidity. Plus Gibraltar is going to be pretty profitable in 2023.

Not sure if that was soft bashing or an honest question but you only had to read the Q3 income statement release to know that.

And they have $50 million or more already paid against the capex in the form of completed engineering and pre-orders.

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