RE:RE:New Press Release - Amerigo Announces 2023 Results & Quarterly DividendI'm mixed on the results.
I thought q4 would of been stronger with prices averaging $3.80/lb their revenue was less than q4 2022? yet i thought they were doing maximum output this qtr?
They also don't state how much their cash grew from last qtr levels.
Other than those 2 factors, with 16 million cash in the bank and back to earning profits. I think the divy is safe for awhile. I would be scared tho if copper falls and stays below $3.60/lb seeing how i think their q4 results were weak in a $3.80 lb environment.
GLTA longs. Not expecting much of a return other than the divy...