Galiano Gold Inc T.GAU

Alternate Symbol(s): GAU

Metals & Mining Gold

Galiano Gold Inc. is a Canada-based company, which owns the Asanko Gold Mine, which is located in Ghana, West Africa. The Asanko Gold Mine is a multi-deposit complex, with four main open-pit mining areas: Abore, Miradani North, Nkran and Esaase, and multiple satellite deposits, situated on the Asankrangwa Gold Belt, and a 5.8 metric tons per annum carbon-in-leach processing plant. The Asanko Gold Mine holds the land package within the belt, with over 21,000 hectares of tenure on this prospective and under-explored portion of central Ghana. The Abore is located along the haulage road between Obotan and Esaase, over 15 kilometers north of the mill. Miradani North is designed to be mined in two phases to help advance the high-grade ore and manage relocation costs associated with the Tontokrom village to the south. The Asankrangwa gold belt is located within the Kumasi basin. Its subsidiaries are Galiano Gold South Africa (PTY) Ltd, Galiano International (Isle of Man) Limited and others.

TSX:GAU - Post by User

Galiano Gold Inc

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Post by nozzpackon Oct 21, 2024 6:48am

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Post# 36274243

240,000 ounces / Year at AISC of $1063

POG is now $2742 US.

So, GAU is free cash flowing $1600 US + per ounce.

Thats 240,000 ounces times $1600 US = $370 million US per year which is $500 million CAD per year .

Very close to $2 per share in free and unencumbered cash flows per year.

As an example, Jaguar trades at 10 times its free cash flow.

Divide by 2 to be conservative, and our fair value is $10 per share.

And Our current balance is over flowing with cash

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