Aris Mining Corp T.ARIS

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

Metals & Mining Gold

Aris Mining Corporation is a gold producer in the Americas. The Company is engaged in operating two mines with expansions underway in Colombia. The Segovia Operation is located in the Segovia-Remedios mining district in the department of Antioquia, Colombia, approximately 180 kilometers (km) northeast of Medellin. The Segovia Operations comprises four active underground gold mining operations, which include El Silencio, Sandra K, Providencia, and Carla. It has over 11 titles with a total area of 5,335.58 hectares (ha). The Marmato underground gold mine is located on the west side of the town of Marmato, in Marmato municipality of Caldas Department, in the Republic of Colombia, approximately 80 km from Medellin and 200 km northwest of the capital city of Bogota. The Company is also the operator and 51% owner of the Soto Norte Project, which is advancing to develop a new underground gold, silver and copper mine. In Guyana, it is advancing the Toroparu, a gold/copper project.

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Aris Mining Corp

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Comment by invest234on Oct 13, 2020 11:57am

174 Views

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 .