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Orvana Minerals Corp ORVMF


Primary Symbol: T.ORV

Orvana Minerals Corp. is a Canada-based multi-mine gold-copper-silver company. The Company is involved in the evaluation, development and mining of base metal deposits. The Company owns and operates El Valle Mine and Carles Mine, which is situated in Asturias, Northern Spain (collectively El Valle) and is managed by its wholly owned subsidiary, Orovalle Minerals S.L. (Orovalle). In addition to El Valle, it owns certain mineral rights located in the region of Asturias. It also owns the Don Mario Operations (Don Mario) in San Jose de Chiquitos, Southeastern Bolivia and is managed by its wholly owned subsidiary, Empresa Minera Paititi S.A. (EMIPA). It consists of around 10 contiguous mineral concessions covering approximately 53,325 hectares (ha). Through its subsidiary Orvana Argentina S.A., the Company holds its 100 % owned Taguas Property, which is situated in the Province of San Juan, Argentina, and consists of approximately 15 mining concessions covering approximately 3,273.87 ha.


TSX:ORV - Post by User

Comment by Larry60on Mar 05, 2024 12:37pm
55 Views
Post# 35916025

RE:PDAC

RE:PDACWhen you say Q1 2024, are you referreing to ORVs 1st quarter ended Dec 31?  Thanks

checkmate28 wrote: Management was not there. They've prioritized getting the OSP up and running. 

I think both parts of the financing are all but locked up and with no dilution. Previously I thought there would be some dilution on the $33 million portion. Will take 13 months to build. 

Mining cost per ton were actually lower in Q1 04
but lower volumes due to the strike hurt. 

Higher grade production coming in 2024 and higher again in 2025. Plus we can see gold is strong. 

If they pull this off .12/shr going to look like a gift. I also believe the Promotion of ORV will be in full swing once financing wrapped up and build kicked off. 

So the only question is Are they going to get it kicked off in the next 30 to 60 days?






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