TKO

Taseko Mines Limited

110.00
0.00 (0.0%)
Share Name Share Symbol Market Stock Type
Taseko Mines Limited TKO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.0% 110.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
110.00 110.00 110.00 110.00 110.00
more quote information »
Industry Sector
MINING

Taseko Mines TKO Dividends History

No dividends issued between 08 Jun 2013 and 08 Jun 2023

Top Dividend Posts

Top Posts
Posted at 25/5/2023 16:39 by robmcelf2
What I don't understand is why the hedging effect doesn't have an effect on the share price. Is TKO 100% hedged so that the Minimum price they receive is $3.75 per pound?
Posted at 04/5/2023 07:30 by rimau1
Results broadly in line with a slight production miss offset by higher realised copper prices. The extra 12.5% of Gib gave a 17% increase in copper production to TKO and given the deferred payment this flows nicely down to the bottom line. Permit process continues/expect favourable outcome over the coming months etc etc and back to sleep here!
Posted at 25/2/2023 09:22 by qs99
So a gradual de-leveraging & Flo....2023 should be an interesting one for TKO, hopefully a very lucrative one for shareholders! DYOR
Posted at 03/2/2023 17:27 by rimau1
Its a JV between TKO and Cariboo Tightfist so takeover codes are not relevant, the JV just gets amended. As to the validity of the claims you can spin a sale however you like. Unstable production - adverse weather in BC last year for sure caused transportation problems. Grades were also lower (as expected) and costs higher based on global well publicised issues. I have (for me) a large holding here and personally i am happy to increase the Gib stake.
Posted at 19/1/2023 16:32 by baddeal
Fwiw I hold via my HL account and had a note from them today that they intend to switch to dealing TKO through the LSE rather than the TSE as a result of the increase in London MMsThis should be a positive as hopefully may attract more uk interest, albeit probably only if the spread comes in from where it is today, otherwise it will be a negative as tse spread is small.Anyway another day closer to flo!
Posted at 16/1/2023 13:22 by rimau1
Equity financing of Flo was never on the table. This is why TKO put the copper hedges in place on Gib production last year.
Posted at 13/1/2023 14:03 by qs99
MORE good news on financing for Flo....just need the green light now, but with copper now well above $4 and rising good times to be in TKO IMO! DYOR
Posted at 11/1/2023 09:23 by someuwin
As copper is up again...

TKO at a glance:

Nearly 15 billion pounds of copper in reserves.

(Including gold in reserves, over 19 billion pounds of copper equivalent)...

* Gibraltar Mine - 2.2 billion pounds CU. Producing 130Mlbs (~60kt Cu) per year.

* Florence Copper Project - 345 million tons containing 1.7 billion pounds (730 kt) of recoverable copper

* Yellowhead Copper Project - 4.4 billion pounds recoverable copper; 440 koz gold; 19 Moz silver

* New Prosperity Gold-Copper Project - 3.6 billion pounds recoverable copper; 7.7 million ounces recoverable gold

* Aley Niobium Project - The world's largest niobium deposit outside of Brazil

Posted at 21/12/2022 08:07 by someuwin
New Canaccord Genuity note ends with...

"...In our view, securing this financing is a positive move for the company. The stream component is equivalent (in terms of effective cost) to our assumption of a 2% royalty on gross value, for a consideration US$50m, while the effective option price of US$100m for 10% interest in the project implies a US$1bn valuation (100% basis), which is higher than our US$642m asset valuation (though we note that we have made conservative assumptions on costs). Additionally, given that this transaction may be viewed as a phased farm-in, the third party validation of the project from an existing copper market participant should provide investors with higher confidence in the in-situ recovery technology that has been tested and (in our view) significantly de-risked by the company.

We view TKO as a quality operator, with ongoing cash flow to support the development of a high quality project in Florence. The company remains undervalued (in our view), trading at a P/NAV of just ~0.45x. Maintain BUY rating and 215p/C$3.30 target price."

Posted at 20/12/2022 17:41 by rimau1
This is really good news as it reiterates the companies valuation gap. Flo after tax NPV is $850m (consistent with todays announcement of a pretax $100m for 10%) Gib is worth another $1bn, deduct $0.4bn of debt and you can today buy a company at a market cap of roughly $0.6bn that has a sum of the parts of CAD1.5bn. This excludes all the other medium term projects such as yellowhead. I think most of us topped up <£1 so looking good for a re-rate. There should be no reason to sell TKO with the US renewed emphasis on energy security FLO is vital.
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