RE:RE:RE:RE:Our Current Market Outlook Its an odd situation right now. Taseko itself is derisked. Debt is settled, permits are in hand, financing is secured for Florence, and a $4 floor for copper is in place until the end of 2025. Mgmt has set things up well to manage any storms ahead.
However, the boader markets are in turmoil. Looks like a recession is already here.. We haven't had a recession since 2008. We have no idea what the price of copper will do in one. Even though Taseko has the collars in place, dropping copper prices seem to drop sp regardless. Then, of course, there is potential China/Taiwan conflict. And of course Iran/Israel and Russia/Ukraine. If those somehow coalesce into one conflict, we have a world war on our hands. Such a conflict makes no sense from any side economically, but since when do political leaders do things that make sense.
So do I bet on what I know about Taseko or do I bet on what I suspect about the broader markets?
I am still assessing, and I am still open minded.