Taseko Mines Ltd T.TKO

union

[nofluff]

votes 99.5% in favor of strike. Bhp has ask gov. to mediate for at least 5 days.

They both drew lines in the sand. Those lines are quite aways apart. I think probability of strike is 90%. What happens here will set the presedent for many other contracts coming up.

The only hope is for the gov. yo drop there plan for increased royalties in exchange for bhp meeting union demands.

So copper could see 5.00 quick.

nf

[nofluff]

We could very well c 10.00 copper buy year end. Our copper collar would then only cost us 42 million times 4.40 for a 200 million boondogle. nf

[Returns2021]

There will be NO strike

[nofluff]

200 million woild b cad. So puting a top on is just silly. On the other hand how many corps were smart enough to have a producing mine ready for expansion along with another low cost ready for permit deposit. U take the good with the bad I guess. At our 5.60 collar we get over 7.00 cad. So about 4.00 ebitda times 42 million h1 for 170 million plus perhaps another 10 million pounds for another 70

[firecracker74]

This post has been removed in accordance with Community Policy

[nofluff]

Tko got a very high bottom at 4.00 u.s. for doing the deal. I will b happy for 5.60 copper. But after 6.00 the collar is just silly. What would it have cost to leave top open? Perhaps another 5 million? Or drop the bottom to 3.80. If the union strikes, copper goes to 10.00 and never comes down. Tko is on the cusp of something big. happy guessing. nf