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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 production of copper concentrates under a tolling agreement with DET.


TSX:ARG - Post by User

Comment by goldenson Aug 31, 2021 3:47pm
122 Views
Post# 33789275

RE:RE:Suppose

RE:RE:SupposeSo 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 dividend and hold of on returning the 60% mentioned in the conference call until after they pay off the loan. Either way I don't see much downside here.
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