Replies to post #370438 on ORIONS Money Stocks

[AugustaFriends]

AKG Charts Gold production for the quarter was 36,337 ounces and in line with our guidance of 35,000 to 40,000 ounces. 35,074 ounces of gold was sold at an average realized price of $1,231 generating gold sales revenue of $43.2 million. At the end of the quarter, there were approximately 7,833 ounces of gold doré in inventory at a market value of approximately $10.2 million.
During the quarter, we received our first refund of VAT from the Ghanaian Revenue Authority which totaled $5.3 million. Now that the mine has reached commercial production, we expect to receive regular quarterly refunds and should be VAT neutral going forward.
The company’s balance sheet remains strong with approximately $43.7 million in cash and doré, as at June 30, 2016 and we have no significant debt obligations with regard to $150 million debt package until the first principal repayment, which is due in two years’ time on the July 1, 2018.

Note 1: Please alert the board of any stock crossing the 20,50,20dma’s on daily or weekly chart.
(link back for more charts)
Just replace the ticker with your TICKER
http://stockcharts.com/h-sc/ui?s=AKG&p=D&yr=0&mn=3&dy=0&id=p11960084343

[AugustaFriends]

$ABX 16.91 watch for $17.11 BREAKOUT (link back)

[AugustaFriends]

$ABX $13.15 on April 13 looks good to $14.79 soon (link back)