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Orezone Gold Corp T.ORE

Alternate Symbol(s):  ORZCF

Metals & Mining Gold
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

Orezone Gold Corp > Press release
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Comment by Spikearoo1on Jan 18, 2023 9:35am
147 Views
Post# 35230258

RE:Press release

RE:Press release So nice to see this out...however what are we talking in terms of moving ORE forward...I'm calculating 11.5 cents a share for 2023...or $38 million profit...That will be used to pay down debt?  
Again my calculations are very rough and i'm likely  missing something.  
If anyone more knowledgable than I can weigh in that would be great.

Concerns assuming my calculations...reducing debt by $38 mill is not that great considering they were saying debt would be gone by just over 1 year...

Interested in comments and opinions...Cheers all...Spike
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