IAMGOLD Corp (IAG)

[roadkilll]

The shorts are pushing the fear of Burkina Faso taking Essakane. In the real world
Burkina paid $70 million cash a $53 million in $57.5 million in dividends to take over Yaramoko from Fortuna

Yaramoko has an estimated 1.5 left of production
Produced 116,000 ounces of gold in 2024

Essakane procuced 380,00o oz in 2024
The Essakane lease runs till 2028 and the company is having good results on expanding it;s lifetime.
Iamgold is the top taxpayer in Burkina

Wouldn't object to a sell of Essakane but the terms would be 4 to 5 times Yaramako? Honestly believe BF is benefiting too much from the experienced team Iamgold has in place to want to make a change.