Taseko Mines Ltd T.TKO

Capex

[fishmillion]

Hey Joe... sure its a bit fishy at 300 - 350 milll... here is my thinking... 2016 estimate .... 200 mill excluding financing cost, interest, and 1 yr sustaining capital.... so we know interest 7 % of 200 million for 2 years) is 28 million.... construction will be at the earliest 2022.... so an escalator of 1.5 ( min) is applicable from 2016 numbers .... this is consistent with other projects i have followed ...those in construction will confirm.... so.... 200 x 1.5 = 300 + 28 = 328.... the rest is the tko factor ....check my track record on my other forecasts ( minus the sarcasm).. but im usually at least in the ballpark

[KentWilkens]

Your initial post said 350m +, so now it is 300 - 350.  I agree that it will likely be higher than the 2016 estimate of 200m, but not by that much. If the mine plan was from 2000, adding 50% would be reasonable, but from 2016, not so much. Inflation since 2016 has not been close to 50%. This is the 43-101 technical report on Florence, most should read it if they are heavily into TKO.

[Whvcgold]

They will raise 150m They have 80m by the end of 2020 Is this correct?

[JoeStockIQ]

So fishy, first you say 350+ and now it's 300-350? At least that's a start of bringing you back to reality. No need to check your track record, only record to check is their published numbers. That is, 230M, which includes reclamation costs and operating expenses. 230M "All In" fishy, not 350+, not 328, not 300-350 but 230. Your numbers are ASSuming a 50%+ overrun in total costs.

[fishmillion]

Hey joe... all good i just have a different perspective.... cost are quite abit higher than 2016....covid alone has added 15-20 points to costs for construction... im sure tko will have updated feasibility ect once ifc drawings are completed ( hopefully they are working on this.... they are probably ordering long term items as we speak....