Post by
nofluff on Jan 21, 2021 3:38am
shareprice
In july copper was trading at 4.00 cad steady. Tko was at 75 cad cents and climbing. Copper is now 4.70 cad. That is 60 million more cads to the bank.
20 cents per share more earnings from gib mine and all the insitiu value of pipeline and tko gained 90 cents per share. That is less than 5 times.
Teck is trading 7 times there eps. So tko is likely priced fair until delivery on some promises.
nf
Comment by
nofluff on Jan 21, 2021 11:28am
Sorry. Tecks q3 eps was 25 cents. That would b 1.00 eps per year. They trade at 20 times. That would mean tko extra 60 million should have generated 1.2 billion mc increase or about a 5.00 sp. I think takeover coming. nf
Comment by
KentWilkens on Jan 21, 2021 11:32am
A takeover is probably the best way to get NP back on track. The outfit that would be big enough to make a proper offer, that type would not mind waiting until the Florence permits were in place before making an offer. KW
Comment by
BigCountry on Jan 21, 2021 11:57am
I cant help but think TKO must be a takeover target given the free NP just sitting there waiting for a company confident enough to move it forward.
Comment by
scramblin8man on Jan 21, 2021 1:33pm
I agree - as soon as Florence is permitted TKO will be a take over candidate. Taseko will never in a timely manner have the cash flow to develop their pipeline of projects. The market knows this and is not willing to pay anything for the projects.
Comment by
KentWilkens on Jan 22, 2021 10:34am
Hi Scramblin Taseko will have plenty of cash to develop their projects if CU is over $4, more likely $4.50 The reflection of Taseko to share price is for a host of other matters, not just the current PP dilution. But still a ripe and juicy takeover candidate, for those reasons. Assets in the ground, NPV over 5 billion, market cap a joke. KW