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Galiano Gold Inc GAU


Primary Symbol: T.GAU

Galiano Gold Inc. is a Canada-based company, which operates and manages the Asanko Gold Mine, which is located in Ghana, West Africa, and jointly owned with Gold Fields Ltd. 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 five metric tons per annum (Mtpa) carbon-in-leach processing plant. The Asanko Gold Mine holds the land package within the belt, with approximately 21,000 hectares of tenure on this prospective and under-explored portion of central Ghana. The Nkran deposit is located within the Kumasi Basin on the Asankrangwa gold belt. The Nkran deposit is located on a jog along the regional Nkran Shear, which is a zone of about 15 kilometers in width. The Asankrangwa gold belt is located within the Kumasi basin. Its subsidiaries are Galiano Gold South Africa (PTY) Ltd and Galiano International (Isle of Man) Limited and others.


TSX:GAU - Post by User

Comment by lagommeon Apr 18, 2024 10:51pm
95 Views
Post# 35997332

RE:RE:RE:RE:RE:$270 million CAD in cash at Exit 2024 ?

RE:RE:RE:RE:RE:$270 million CAD in cash at Exit 2024 ?Agree with you.

Ramp up to 240 000 ounces must go very well. 

When they announce of the consolidates ownership on december 21, Galiano predicts a post-tax NPV (5%) at US$2,000/oz of $630M.

If price of gold stay around $2,400/oz, yes, it's possible it could go to $5.
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