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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 SomeGainNoPainon Jan 13, 2022 12:35pm
115 Views
Post# 34313229

RE:BITCOIN to outpace copper in 2022..

RE:BITCOIN to outpace copper in 2022..Seems like we agree for once. Those stupid stupid bitcoins...why not tulip bulbs while you're at it, I heard a tulip bulb was once worth more than a house.  Bitcoins is where all the dumb money goes. Can't wait that the govcoins are created and see all the dumbcoins go to 0. 

As for the guidance, with a copper price of 3.90,  Ebitda = 50 Millions  and we can pay the dividend, pay down the debt and continue the NCIB.
At 4.29 EBITDA = 67 Millions, 
At 4.68 EBITDA = 84 Millions
There is obviously a comfortable security margin to increase the return to shareholders. Underpromise and over deliver, I have no problem with that. 
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