Taseko Mines Ltd T.TKO

JV's? Ho Hum

[copperminer]

If the Florence was sold for a figure that released the NP and YMI to mine build, as a company, TKO would be far ahead. The mineralization of those two deposits is phenominal. Loose one, get two. Like Meatloaf sang, two out of three ain't bad.

TKO is in transition, it's all good. Selling into strenght increases the high ground.

[JCSunsfan]

I understand what you are saying, but I would be very reluctant to let go of Florence completely for cash.  Florence is nearly a bird in the hand.  Who knows how long it will take YH or NP to get through regulatory and to production--no matter how much cash the company has in hand.  I would be more inclined to sell Gibralter to fund those two, but only a litte more.  I think

[nofluff]

Just no need to sell anything at this point other than a 10% jv. Ymi will b 2 years before permitting at soonest. So 100 mill cad for 10% flor give tko 400 mill cad. with flor upsize, that leaves 100 mill in bank. But in 2 years gib gives 500 million and flor a couple hundred for 800 million cash just sitting around. Tko sells a small jv in ymi and build mine with cash. nf

[KentWilkens]

or why sell any? Did they spend all this time to build a multimine company to sell a parcel off that has the highest rate of return for a low capital cost? Who suggests stuff like that? KW

[nofluff]

No reason to kw. But they have it baked in I believe. Just gonna happen. I just hope we r not sold further down the river. nf

[BlueBee]

If there is no need for a jv,  then why would / should it be baked-in.  Why would mgmt. see a jv as being necessary or desirable if all the funds to construct Florence exist (or will exist  in the near future)?   Can't say I buy the argument (stated by someone previously) that a jv lends credibility to the Florence project and will help advance the s.p..  Yes, having

[nofluff]

I would suggest u get over it bb. nf

[BlueBee]

I don't mind reading your comments where you're continuously waffling on your position in this company;  however maybe you're the one who needs to get over something.  There is no need for me to get over anything.

[KentWilkens]

BlueBee, it is not that there is no need, they are 80m short of what they need to complete Florence. This management never likes to come even close to short, and overall, that is a good thing. More than one miner has been taken out due to cash flow issues. On that TKO has done remarkably well, especially with 2020 rearview vision.  Compared to the situation in May, or September, they are far

[slewfoot2]

This post has been removed in accordance with Community Policy

[JCSunsfan]

This is a very fair assessement.  After all, its engineers and accountants that are running this company.  They are the types that want multiple back up plans.  They want $50 million of operating capital for Gibralter.  Having a JV spreads the risk a little, puts more operating capital in the bank, and has the potential of improving stock price which in the end allows for more

[2024golden]

Not very likely..and much to far off! I am not at all concerned about a jv...but I am concerned about managements efforts and direction to achieve shareholder value. The pp was a REAL blow to management credibilty in the eyes of many, and a bad jv will be even worst (especially if we dont really need a jv).  Shareholders have had to be very patient while conditions have improved to a