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Bullboard - Stock Discussion Forum Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

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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Comment by sclardaon Aug 31, 2021 9:29pm

RE:RE:RE:Suppose

goldens wrote So basically once they announce the dividend in the next 30 days then something has to give. Either we are heading north of the existing share price or they are going to be extremely ...more  
Comment by goldenson Aug 31, 2021 7:55pm

RE:RE:RE:RE:Suppose

And don't forget about Moly prices which are also on a tear. https://ycharts.com/indicators/molybdenum_spot_price
Comment by savyinvestor333on Aug 31, 2021 5:13pm

RE:RE:RE:Suppose

I think you are correct on that. My guess is that we are trading above $1.50 the day the dividend is announced or the next morning if announced after close of trading.
Comment by goldenson Aug 31, 2021 3:47pm

RE:RE:Suppose

So basically once they announce the dividend in the next 30 days then something has to give. Either we are heading north of the existing share price or they are going to be extremely cautious with the ...more  
Comment by sclardaon Aug 31, 2021 3:35pm

RE:Suppose

goldens wrote I am not sure how free cashflow compares to net income but lets say they base the dividend on net income. Last quarter their net was just over $11 million so 46 million annually. If you ...more  
Comment by goldenson Aug 31, 2021 1:51pm

RE:Suppose

Hate replying to my own message but I googled the FCF calculation and I forgot to subtract capital expenditures which I beleive are about $6 Million a year. Also the outstanding shares are 181 million ...more  
Post by goldenson Aug 31, 2021 1:28pm

Suppose

I am not sure how free cashflow compares to net income but lets say they base the dividend on net income. Last quarter their net was just over $11 million so 46 million annually. If you take 60% of ...more  
Comment by goldenson Aug 31, 2021 11:49am

RE:RE:RE:Corporate Presentation

This is from the transcript regarding the Dividend/Sharebuyback. "I mentioned in the prior call that refinancing the debt would enable the Board of Directors to reinstate Amerigo’s dividend, put ...more  
Comment by savyinvestor333on Aug 30, 2021 3:56pm

RE:RE:Corporate Presentation

Lol   No wonder the depreciation number is so low. Nothing left to depreciate. Probably have a new one ordered now.
Comment by goldenson Aug 30, 2021 3:45pm

RE:Corporate Presentation

It shows they are being frugal with their investments,lol
Post by savyinvestor333on Aug 30, 2021 6:29am

Corporate Presentation

Anybody else think they should get rid of that picture on that old front end loader? Surely we own something in better shape than that. It looks like it's worth $5000. Not really an insiring ...more  
Comment by savyinvestor333on Aug 26, 2021 5:18pm

RE:RE:RE:RE:No respect

I got to quit posring.Seems i am just giving Joe a post to reply to and add to hid phony thumbs up total. 
Comment by savyinvestor333on Aug 25, 2021 7:37pm

RE:RE:No respect

speaking of the divident, anybody know the date of the next board meeting?  TIA
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