ARREF - Amerigo Resources: Clear Path Towards A Dividend Reinstatement

• Cash is piling up for Amerigo Resources on the back of high copper prices.
• Following negotiations with its lenders, Amerigo will be able to reinstate dividend payments in the near future.
• $35 million has already been earmarked for distributions and/or buybacks, equating to $0.19 per US-listed shares (18% yield at the current price of US$1.05).
• The allocation will probably be decided by the Board by the end of Q3.
• Amerigo's ability to sustain a generous dividend policy will of course depend on the copper price, which remains the main driver of the company's performance.

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