- Copper prices have increased to near all-time highs in US dollar and are noticeably above the previous all-time highs in Canadian dollar.
- This may help Taseko generate over US$115 million in positive cash flow in 2021, and put it in good shape to fund Florence Copper without needing any additional funding.
- The permitting process for Florence Copper remains slow.
- At US$3.50 long-term copper, Taseko could be worth close to US$4 per share with an operating Florence Copper.
For further details see:
Taseko Mines: Strong Cash Flow Generation Expected Due To $4+ Copper Prices