Brief: Amerigo Resources Reports Q2 Earnings Per Share Of $0.02

Amerigo Resources

31/07/2018 12:46

July 31 (Reuters) - Amerigo Resources Ltd  ARG.TO :
    * AMERIGO REPORTS Q2-2018 FINANCIAL RESULTS
    * Q2 EARNINGS PER SHARE $0.02
    * Q2 REVENUE $33 MILLION VERSUS $29.9 MILLION
    * PHASE TWO EXPANSION COMMENCING PRODUCTION IN Q3-2018
    * AMERIGO - ANTICIPATES PRODUCTION OF FIRST CONCENTRATES
FROM
CAUQUENES PHASE TWO EXPANSION IN Q3 2018, EXPECTS FULL
PRODUCTION TO COMMENCE IN Q4 2018
    * CONTINUES TO EXPECT 2018 PRODUCTION OF 65 MILLION - 70
MILLION
POUNDS OF COPPER AT A CASH COST OF $1.45/LB TO $1.60/LB
    * AMERIGO RESOURCES - MVC ON TRACK FOR DELIVERING Q4 2018
PRODUCTION RATE OF 85 - 90 MILLION POUNDS OF COPPER PER YEAR AT
CASH COST OF $1.45/LB
    * IN 2018, MVC EXPECTS TO INCUR $23.5 MILLION IN PHASE TWO
CAPITAL
EXPENDITURES

Source text for Eikon:  ID:nGNX59xDzB 
Further company coverage:  ARG.TO 

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