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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

Post by Thestockguyon May 29, 2022 8:57am
322 Views
Post# 34715226

Special Dividend

Special DividendI am new to this name. I am trying to understand the return of capital messaging from management. I understand that they have indicated a cash floor of $25MM. They seem to have cash in excess of that. What additional criteria are determining excess cash holdings versus return to shareholders? Thank you.
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