RE:ORA Today $201.11 in Canada and $216 CDN in BRL $835.00It’s trading at $210 on Tsx ... closing the gap. Almas will be paid off in less than a year. I owned Rio Novo and Paiol pit deposit was not drilled deeper becaus3 they ran out of money, but a deeper drill of Paiol pit could easily expand the resources at Almas. IRR is incredible for Almas especially with the Brazialian Real so cheap. All sustaining costs are going to be very favourable . RN bought a ballmill already on site worth $10 million US at least . With this Epp possible additional targets and Gold Road shoeing potential of doubling resources, Aura can be mid April producer that has properties located in swap positive countries will increase valuation over other miners imo.
I have a target if $400 to $450 by 2022. EPS is 3 now . That’s not including current gold prices and pending increase in production. So at $210 it is a relative bargain. Company had little debt positive cash flow and number of mines and properties that can be expanded.
Just ts my thoughts .