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 > Now they are paying $117 million for 14% or 800 mill

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Comment by JCSunsfanon Mar 25, 2024 6:56pm

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Post# 35951782

RE:Now they are paying $117 million for 14% or 800 mill

This is not the past decades. The price of copper is different now. This mine is now high tech and up to date, and you just have to work the numbers. What this does say is that Gibraltar, on a cash flow basis, is easily worth $800 million.

An additional $23 million added to the EBITDA annually is about .08 per share. The present PE is 10 so if that valuation continues, this would add 80 cents to the share price over time.

However, most of the other copper companies right now are sporting a PE above 20.

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