to match ari&fmg it should 40 cents. , page-3

  1. 16,389 Posts.
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    Green Tint

    A loss every year?? Once cap ex on current mines winds back that won't be the case. And if the 3 cent dividend is retained as expected then the dividend yield with a share price of 40 cents would be around 7.5% and everyone would want to buy AGO!!

    I agree that AGO could go lower but only if the IO price continues to fall. And there are three pieces of "imminent" news that may change sentiment: 1) the McPhee PFS including rail hub options 2) A rail solution and 3) after that JV agreements for rail, port and mine development. A rail agreement will give AGO an instant boost in reserves from an investment perspective as their extensive resources will then be able to be developed.

    H
 
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