#FXPO 65% Fe prices and pellet premiums both rose significantly today. At these prices the company is printing off millions of $$$ every day. Ignore the noise and follow the money.
#AAZ results today showed record revenues, a growing cash pile and 9.5c in dividends despite a pandemic and war to contend with. But as some of you might not read the small print, let me bring this to your attention @AAZMining
2/ To put this into perspective #AAZ produced just over 69,000 ounces last year. Once the company is able to operate Soyudlu, production should double and this isn't even taking into account the two other restored licenses. This article is a good read. https://t.co/ualfMmpOJ4
1/ Q1 update should be released any day for #AAZ. The company is generating decent amounts of cash and is debt free. The report should include an update on the new license areas including the majority owned Soyudlu Mine (74%) which produced 120,000 ounces of gold in 2019.
A week ago today, #FXPO announced their 2020 results which demonstrate the potential of the company. $635m profit up 58% from 2019. With production rates going up, 2021 looks to be a promising year for the company