Taseko Mines Ltd T.TKO

Cash Burn

[fishmillion]

I have concern with the cash burn amid very bullish copper prices... looks like gib was negative fcf for q4 plus it looks like they used most of pp already.... ouch.. .i still feal 150 million for 75% of flo is the best for everybody... .my position is still zero..... monitoring

[Notgnu]

Okay... I'll call up Iorich... How about $175 m for 75% of flo a nd NP...deal ! N.

[fishmillion]

As long as its cash.... and commitment to build within 1 year of permit... then i would take any day of the week

[JoeStockIQ]

You would. They won't. 

[fishmillion]

This will significantly de-leverage tko.... an experienced miner will build and operate... its a much higher caluation than the last pp.... it will initially add 0.5 to share price ... and then once built another 0.7..(4x additional fcf) . Gib will have ample cash for problems.... this would put tko at about $3.0 in 12-18 months... the real miner takes most of the risk.....hence gets a bigger

[JoeStockIQ]

Not saying you are wrong, simply pointing out that management is on record in many different places guiding very different numbers. Waiting to see how it all plays out like everyone else. Time always tells but can't envision any deal where they give up more than a third. 

[JoeStockIQ]

Hey Fishy, your concerns over cash burn and overall issues at Gibraltar are spot on valid. However, your call for $150M for 75% of Florence remains flat out ludicrous, silly and whatever adjective you would like to use in its place.