Galiano Gold Inc GAU

Primary Symbol: T.GAU

Metals & Mining Gold

Galiano Gold Inc. is a Canada-based company, which operates and manages the Asanko Gold Mine, which is located in Ghana, West Africa, and jointly owned with Gold Fields Ltd. The Asanko Gold Mine is a multi-deposit complex, with four main open-pit mining areas: Abore, Miradani North, Nkran and Esaase, and multiple satellite deposits, situated on the Asankrangwa Gold Belt, and a five metric tons per annum (Mtpa) carbon-in-leach processing plant. The Asanko Gold Mine holds the land package within the belt, with approximately 21,000 hectares of tenure on this prospective and under-explored portion of central Ghana. The Nkran deposit is located within the Kumasi Basin on the Asankrangwa gold belt. The Nkran deposit is located on a jog along the regional Nkran Shear, which is a zone of about 15 kilometers in width. The Asankrangwa gold belt is located within the Kumasi basin. Its subsidiaries are Galiano Gold South Africa (PTY) Ltd and Galiano International (Isle of Man) Limited and others.

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Galiano Gold Inc > Superb Acquisition very Cheaply, Acquires Partners

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Comment by nozzpackon Dec 21, 2023 12:21pm

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Post# 35795932

RE:Superb Acquisition very Cheaply, Acquires Partners

Productiin net to GAU will increase from about 55,000 ounces in 2023 to about 150,000 ounces in 2024 and to about 225,000 ounces in 2025 onwards .

Currently with about $56 m in cash and no debt, one can envision the day in 2025 when the cash position more than doubles to about $130 million if not higher depending on the POG.

Fair value is somewhere in the $5 range , consistent with that of a 250,000 ounce per year producer ...

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