Taseko Mines Ltd T.TKO

my guess

[nofluff]

is that this q will be a record production q. With the natural higher grade benches and the new shovel ore tech grade should b well over .3%.

Softer ore should give us 9 thousand ton per day for 8.1 million throughput times 7 pounds for 50 million pound. 34 million tko share or 170 million cads less c1 for 90 million capex and bank cash.

That should be minimum. We are talking seriuos cash here.

Lots to build flor.

nf

[nofluff]

So we are talking about a corp year end net debt if no florence of about 0. Earnings of about 3.00 per share. So about 100.00 per share without florence. Someone check my math please.  nf

[JCSunsfan]

34 million pounds at a average price of $4.20 US/lb. COP should be around $2. Net rev--$74.8 million x75% ownership for $56.1 million in the qtr.  Q4 should be similar.  So we are talking about adding somewhere around $100 million USD to the coffers by the end of the calendar year, barring unforseen circumstances.  Add that to the $230 million presently on hand and you have $330

[nofluff]

So I am guessing u r saying u disagree with my 50 million pound prediction. U could b correct if they start mixing low grade ore from new pit upper benches.  The big picture is amazing. nf

[JCSunsfan]

Yeah, I guess I am.  I am thinking 34-38 based upon my discussion with Brian.   But I hope you are right and I am wrong. 

[JCSunsfan]

$3 CAD EBITDA I assumre you are saying?

[nofluff]

If my numbers were correct, it would b earnings. If we have run out of tax loss carry forward. With that kind of production, c1 would be about 2.00 cad. But I am guessing they will b blending upper liw grade benches of new pit. So grade may not b as good as possible. It will still suroass expectations. nf

[JCSunsfan]

If I was them, I would not be blending the grades.  I would go for one really big blow out quarter coupled with the Florence approval to finally get this baby on the map of bigger investors and funds.  Blend later.  This stock has been undervalued for too long.  It's finally time to value this thing appropriately.