Post by
copperminer on Jul 27, 2022 1:16am
Leverage Factor
Although our SP is timely low, Taseko fundamentals have never been stronger. Our collar lockin's thru 2022 @ $4.00 with room to grow, and a simliar collar for H1 2023, @ $3.75, again with upwards room, smile with Mona Lisa brilliance. Congrats to Stuart, the man in charge, for being a gunslinger. Well done!!
As the Florence plan unfolds, we will have enough cash to build out Florence, or take on a JV partner to release Taseko cash ahead of copper sales. This could mean that we head for the Yellowhead far sooner than expected. It is our mine, all in, it makes us a mid tier copper producer.
Bravo Taseko, Lov'in All.
Comment by
nofluff on Jul 27, 2022 12:17pm
We have a couple levers to pull. Copper price means nothing over the next year unless it gets substantially over 4.00. Florence permit fully issued in 2023 could give us some up. Not doing any backflips on tko right now. Doing a bit of swing though:)) Nf