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Bullboard - Stock Discussion Forum 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... see more

TSX:ARG - Post Discussion

Amerigo Resources Ltd > Production results
View:
Post by goldens on Jul 12, 2021 8:58am

Production results

Nice results. Based on costs they are walking away with just under $40million. Wish they would post all in costs after DET. If you guess at an all in cost of $2.70/lb that still leaves them with $27million. Looking forward to August report.
Comment by sclarda on Jul 12, 2021 9:19pm
goldens wrote Nice results. Based on costs they are walking away with just under $40million. Wish they would post all in costs after DET. If you guess at an all in cost of $2.70/lb that still leaves them with $27million. Looking forward to August report. ---------------------------------------------------------------- In the second quarter they recieved $4.44 per pound for their copper ...more  
Comment by savyinvestor333 on Jul 12, 2021 10:06pm
Not to be argumentitive but here is the wording from the last quarters release. Amerigo posted net income of $10.9 million, earnings per share (“EPS”) of $0.06, EBITDA 1 of $23.3 million and quarterly operating cash flow before changes in working capital of $20.0 million.   As you can see all that cashflow does not transfer to earnings and now they are fully taxable. Also the  ...more  
Comment by Joe455 on Jul 13, 2021 1:08pm
Way more upside than dowside at these price levels.
Comment by savyinvestor333 on Jul 13, 2021 1:24pm
Joe 455 please seek counselling for this disorder. There must be a better way to waste your time than using your multiple alias's to pat yourself on your back.day after day. What's the end game?  
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