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July 7, 2024
PI Global Investments
Gold

Antilles Gold Outlines Growth, Eyes Monetization


Antilles Gold (AU:AAU) has released an update.

Antilles Gold has announced that its joint venture, Minera La Victoria, has revised its agreement, allowing for a growth strategy with minimal further investment from Antilles Gold. By the end of 2025, the company anticipates cash flow from the Nueva Sabana mine, a potential sale of interest in the La Demajagua project, and dividends beginning in 2026. Antilles Gold is looking to monetize its investments in Cuba by the end of the next year through strategic sales.

For further insights into AU:AAU stock, check out TipRanks’ Stock Analysis page.



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