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Bullboard - Stock Discussion Forum
Soma Gold Corp
V.SOMA
Alternate Symbol(s):
SMAGF
Metals & Mining
Gold
Soma Gold Corp. is a Canada-based mining company. The Company is focused on gold production and exploration. It is engaged in the business of acquiring, exploring, developing, and operating mining properties in South America. It owns two adjacent mining properties in Antioquia, Colombia with a combined milling capacity of 675 tpd. The Company's principal operation is the El Bagre Gold Mining...
Complex (El Bagre), which consists of an operating gold processing plant (the El Bagre Mill) and the Cordero underground mine. The El Limon Project (El Limon) is adjacent to the El Bagre Project and includes a past producing underground mine and a gold processing plant with a capacity of approximately 225 tpd. The Company also owns an exploration property, Tucuma Exploration Project (Tucuma), a copper/gold exploration project, which is located in the Carajas metallogenic province in the State of Para, Brazil. Its exploration projects include the Nechi Project, the Zara Project, and the Otu Project.
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TSXV:SOMA - Post Discussion
Soma Gold Corp
> dividend next year possible?
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•••
jonggua
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Post by
jonggua
on Jan 23, 2023 6:38am
dividend next year possible?
was this in asking management yourself?
(7)
•••
ThelastSilverR
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Comment by
ThelastSilverR
on Jan 23, 2023 8:56am
Correct, I got this response: 'we should have sufficient free cash flow by 2024 to consider a dividend'. ----------------------------------------------------- Seems logical to me if we do indeed produce 44K oz next year with an AISC below $1000. I expect at least 4 cents but it may be more, no idea. Management is keen to reward current shareholders with a dividend. Management itself
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