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Galiano Gold Inc T.GAU

Alternate Symbol(s):  GAU

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.


TSX:GAU - Post by User

Comment by lagommeon Apr 17, 2024 5:13pm
71 Views
Post# 35994716

RE:$270 million CAD in cash at Exit 2024 ?

RE:$270 million CAD in cash at Exit 2024 ?Let's say a good price-to-cash-flow ratio is below 10. Lower ratios show that a stock is undervalued when compared to its cash flows, meaning there is a better value in the stock.

At 2.00C$ per share and 0.40C$ in cash-flow (100C$ in cash-flow divided by 253M shares) that give a good price-to-cash-flow P/CF of 5.  Suppose the ratio goes to 10, the stock could be at 4.00C$. 
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