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Bullboard - Stock Discussion Forum Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Metals & Mining Copper
Amerigo Resources Ltd. is a Canada-based copper producer. The Company owns a 100% interest in Minera Valle Central S.A. (MVC), a producer of copper concentrates. MVC, located in Chile, has a long-term contract with the El Teniente Division (DET) of Corporacion Nacional del Cobre de Chile (Codelco) to process fresh and historic tailings from El Teniente. The Company operates in one segment, the... see more

Bullboard (TSX:ARG)

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Post by whytestockson Jul 10, 2024 8:02pm

Amerigo Reports Q2-2024 Operational Results | Benzinga

NEWS: $ARREF Amerigo Reports Q2-2024 Operational Results | BenzingaQ2-2024 Copper Production of 14.0 million pounds, 2024 Guidance Maintained$3.6M Quarterly Dividend Paid in Q2-2024, Additional $4.8 M ...more  
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Post by whytestockson Jul 09, 2024 2:02pm

Amerigo Declares Initial Performance Dividend

BREAKING NEWS: $ARREF Amerigo Declares Initial Performance DividendPerformance Dividend of Cdn$0.04 per Share Declared 1 Amerigo@s Capital Return Strategy to Investors Now Fully Deployed Annualized ...more  
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Comment by francoisl13on Jul 09, 2024 9:52am

RE:RE:Performance Dividend

Yup, that's exactly what it means, from the press release; “In less than a quarter, our cash reserves have reached targeted levels, allowing more than the equivalent of an additional quarterly ...more  
159
Discussion
Comment by TimeTooSoaron Jul 09, 2024 9:44am

RE:RE:Performance Dividend

Yeah, I'd expect so golden. That is great news. 0.04 x165,000,000 shares = $6.6 million.  Must be $6.6 million over the $25 million in the bank. 
88
Discussion
Comment by goldenson Jul 09, 2024 9:38am

RE:Performance Dividend

I wonder if that means they have the $25 million in cash plus enough to cover this dividend? Great news and looking forward to the next quarterly.
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Discussion
Post by BSdetector2016on Jul 09, 2024 9:38am

Pick-up some cheap shares

after the ex-special dividend date. There will always be stupids selling afterwards.
91
Comment by Thestockguyon Jul 09, 2024 9:35am

RE:RE:RE:Performance Dividend

Then buy some more shares.  The buybacks always seem to come at the highest price.  This is great news!
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Discussion
Comment by TimeTooSoaron Jul 09, 2024 9:22am

RE:RE:Performance Dividend

much rather have share buybacks... 
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Discussion
Comment by savyinvestor333on Jul 09, 2024 9:10am

RE:Performance Dividend

Very nice surprise!
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Discussion
Post by TimeTooSoaron Jul 08, 2024 9:00am

Performance divy

I got a X.com post on my phone this morning but then it was deleted.., it said a performance divy of 0.04. Bringing yield to a current 10%. I tried to look into it but said the article was deleted.... ...more  
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