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Bullboard - Stock Discussion Forum 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... see more

TSX:GAU - Post Discussion

Galiano Gold Inc > Lots of cash, Exceptional cash flows..Dividends
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Post by nozzpack on Mar 19, 2024 7:21am

Lots of cash, Exceptional cash flows..Dividends

GF paid a dividend .

Earning income from its 20% ownership of GAU would also be attractive .

 GAU has the ability to pay a dividend .

 At some point within the next year or so, GAU will be entering the elite tier of gold producers by instituting a regular dividend .
GLTA

Comment by drixneon on Mar 19, 2024 9:24am
This post has been removed in accordance with Community Policy
Comment by matt2018 on Mar 19, 2024 10:03am
they can probable pay a 1cent div/qtr (or do some share buybacks), just from interest earned on the appr $160M Cdn they are Net Cash.   Use the cash flow from operations to book more reseves and improve Asanko operations. Next $25M payment due GF not till end of 2025, so plenty of time to build further value before then..
Galiano Gold Inc
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