Taseko Mines Ltd T.TKO

Conference call notes

[Cognition777]

emphasized from report
> offtake TCRC costs for 2025 will be $0.00, down from $0.17 per pound in 2024
> Yellowhead will start the environmental permitting in 2025, and update feasibility to reflect current commodity prices
> liquidity is approx $360M CDN (including $110M US credit facility); Florence will draw approx $20M per month for first half of 2025
> US tax credit of up to $110M US will be decided by January, 2025

- throughput since Sept has been around 88k T/day, above nameplate production due to softer ore in Connector pit; this is expected to continue through 2025... oxidation will also decrease as they go deeper into the pit 
- NP talks have been disrupted by 1-2 months due to BC election. Still hope to get a "deal of some kind" settled by year end. NP should be considered a "longer dated option for shareholders".

[Crackle]

So, over the next 12 months - likely increasing production frrom Gib each quarter through next year - possibly some kind of longer term agreement for NP - tax credit decision for Flo - start of permitting for Yellowhead, updated feasability - const completion, first production from Flo Now, if those copper prices can stay robust...pretty good year coming !

[templetooth2]

On conference call, S McD. guided Gibraltar copper in 2025 to 120-130 million pounds, but emphasized that would be weighted to H2.  Some lower grade material will be processsed in H1. I couldn't ask a question - guess I was too slow in getting into question queue. I was going to ask about further stock sales through the ATM facility. Think I've (partially) answered my own question

[Gmcdonagh89]

Great re-cap, but I doubt it will be around to develope Yellowhead..take out in early 2025

[metalhead666]

The only way they get bought out is if the updated Yellowhead Feasibility looks as good as the first one and NP sees an agreement and a pathway to future production.  If both of those projects become viable then TGB has a bullseye on its back for sure.  Yellowhead looks like a go which will give it real tangible value NP might have a breakthrough after years of litigation and