Aris Mining Corp. T.ARIS

Alternate Symbol(s): N.AMNG.NT.U | T.ARIS.W.A | ARMN | CLGDF

Metals & Mining Gold

Aris Mining Corporation is a Canada-based company, which is primarily engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. The Company operates the Segovia Operations and Marmato Mine in Colombia. The Segovia Operations are located 180 kilometers (km) northeast of Medellin in the Segovia-Remedios mining district of Antioquia, Colombia. The Marmato mine is located in the Marmato gold district in the Caldas Department, a mountainous region approximately 80 km south of Medellin, Colombia. The Company is also the operator and 20% owner of the Soto Norte Project. The project is located within the traditional mining area of California, Vetas, which is located approximately 350 km north of Bogota and 55 km northeast of the city of Bucaramanga. The Company also owns the Toroparu Project in Guyana and the Juby Project, which covers an area of approximately 42,817 hectares and is located in the Cuyuni-Mazaruni Region of Guyana.

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Aris Mining Corp. > Cash 95 vs 73 end of q2

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Comment by invest234on Oct 13, 2020 11:57am

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Post# 31707241

RE:Cash 95 vs 73 end of q2

22 mil + 25 mil cash used to buy caldas shares and gold notes + 2.1 mil cash buying back 350k gcm shares
= $49 mil fcf

in the past gcm counted fcf before using that cash for buybacks.

if q4 has similar number as q3 then that is $98 mil fcf just for h2. add h1 fcf then that is $111 mil fcf for this year!
huge cash cow!

going forward from q3 with $1900 gold, that is around $120 mil fcf per year$$$

Brioche wrote: So 22 mil more .very Good

The fcf will N O T be of course 43 mil this Q

All lines following ebitda on the operating account have to be improved .

If impossible , then from a small shareholder , more cash should be use on buybacks .

Remains very undervalued of course .