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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

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

Bullboard Posts
Comment by Puffertimeon Oct 20, 2019 6:57pm
120 Views
Post# 30249416

RE:RE:RE:RE:RE:Help me understand

RE:RE:RE:RE:RE:Help me understand No offence Gandolph, but your models are way too optimistic. Great Panther, Mandalay and Orvana are well below what you were expecting, even below my usual pessimistic expectations, to be honest .  You should add a -20% penalty for unexpected events in your equations. Now waiting for Ar, Lmc and Abi reports.


ganndolph wrote: Ytinasni,

What part of the turn around at El Valle don't you understand? 

As of Q3 year to date, Orovalle reported a profit of $3.188 million USD.  Based on the Q4 production report,
Orvana's production translates into $140 million USD in revenue, and a gross margin of at least
$5.6 million US dollars for FY 2019.  Orvana had over $ 6 million USD in gold dore and copper concentrate
in inventory at the end of Q3, so if they sold only half their inventory plus their Q4 production, Juan Gavidia
will be able to report record revenue, and a PROFIT for the first time in many years in December.
 


Bullboard Posts