Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Orezone Gold Corp T.ORE

Alternate Symbol(s):  ORZCF

Orezone Gold Corporation is a Canada-based gold mining company. The Company is engaged in the exploration and development of gold properties in Burkina Faso, West Africa, focusing on its 90%-owned Bombore gold project (Bombore Gold Mine or Bombore Project). The Bombore Project is a open pit gold mine situated approximately 85-kilometer (km) east of the capital city of Ouagadougou. The Bombore project hosts free digging oxide resources underlain by higher-grade sulphide resources.


TSX:ORE - Post by User

Post by mrsly0on Sep 18, 2020 12:01pm
232 Views
Post# 31581469

Orezone... some facts...

Orezone... some facts...At $1,750/oz Au, Bombor’s aer-tax NPV5% increases to $732.7M with an IRR of 88% and a 0.9-year aer-tax payback...  Orezone current market cap is just above $200 millions.  (gold is at $2000....... and what about the future price of gold when mine is on operation... this could be a multi dollars stock toward $10 unless acquired before at a premium to the current npv value.

Neighbouring mine poured first gold ahead of schedule and under budget

AISC $730/oz with AISC of $672/oz in the first 10 years

Mine life 13+ years (plus future discoveries)

currently 6.1 million oz + 1.8 million oz in reserves

Team that knows construcon, operaons and successful M&A transacons... Viceory, Dalradian, Elgin, Canico, Preum, Nevsun and Claude (management, management, management...)

source https://orezone.com/site/assets/files/5443/august_2020_orezone_factsheet.pdf

good luck
<< Previous
Bullboard Posts
Next >>