RE:RE:RE:RE:Our Primary Warning Indicator JCSunsfan wrote: A c1 of $2.50 will be just Gibraltar in a bad quarter.The c1 of Florence will be $1.10 a pound. That makes for a $1.96 per pound c1.
copper at $5.05 just now. Yikes. Where will it be in a year?
2026 Q1, that's when Florence starts producing. What will happen between now and then? Everyone agrees that a producing Florence changes everything, most importantly earnings and FCF. But...have to get there first. What happens if a large market correction occurs between now and 2026? Answer: Taseko shares will be much cheaper to buy then.