Post by
copperminer on Dec 16, 2020 4:01am
Re Re Re Re Hanging Tight
DCJones, Qtr4 is partly subject to weather, haven't heard any bad news there. The Bond interest is due in Qtr4 I believe, something to deal with, one must be prepared.
On the plus side it was stated that at the end of Qtr3, we had mined 98M lbs to date. It was also stated that 130M lbs, plus or minus 5% was guidance for 2020, and to expect towards the high side. So maybe 34M lbs mined in Qtr4
The average copper price for October was $3.05
The average copper price for November was $$3.20, and so far Dec $3.51
We sold our Qtr3 copper at $2.96 over about 28M lbs [memory]
As long as I see Taseko expanding copper production by other mines, I sleep like a baby. Taseko is the greatest miner I've ever seen.Their plans are phenominal and they are doing it. Remember what Russ said earlier this year, "one day the NP will be mined." This is all I know, just Lov'in it all.
Comment by
fishmillion on Dec 16, 2020 10:44am
Cooperminer.... good post... we finally agree.. i too think tko is quite simpily the greatest miner on the planet, and quite possibly the GOAT... although their actions and decisions seem incompetent on the surface, they are just part of the brilliant and scintillating long term plan