Galiano Gold (GAU) - Turnaround Story. Creating Cash, Not just Mining Ounces.

June 12, 2020

Interview with Greg McCunn, CEO of Galiano Gold (TSX/NYSE:GAU)

Galiano Gold (formerly Asanko Gold) is a mid-tier gold producer with an operating gold mine in Ghana: Asanko. The mine is owned and operated in a 50:50 JV with Gold Fields Limited (JSE, NYSE: GFI). It is large scale and started producing in 2016, but a recent tactical shift has been something of a game changer. Galiano Gold has gone from focussing on building the resource as large as possible to now placing an emphasis on sustainable cash flow and incremental growth through rapid fully-funded exploration.

Galiano Gold is also focused on driving their free cash flow position. Shareholders will want to see how McCunn plans to add accretive value to the Galiano Gold mix.  

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