$270 million CAD in cash at Exit 2024 ?Galiano had $48.5 million in free cash flow in 2023.
This year we will produce 20,000 ounces more, POG will be $300 US higher and same modest capex .
This puts us in a situation. In which we could add another $25 million US in free cash flows in 2024 which will boost our free cash flows to about $73 million US and our cash position to about $205 million US which is about $270 million in C$.
Which is about $1 per share in cash and no debt , entering 2025 when production nearly doubles to 275,000 ounces per year.
Easily $8 stock...and paying a dividend too