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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

Comment by NostradamusIIon Mar 21, 2021 10:16am
151 Views
Post# 32846651

RE:RE:RE:Dead money

RE:RE:RE:Dead moneyCoop and all, yes remuneration to management/BoD is very high at Orvana. Main part of this compensation constitutes of different synthetic share-based plans. For management to cash-in, the share price needs to increase and therefore long-term share price improvement should be of highest interest for them. If this is the backdoor then this still would fairly well correlate to my interest, i.e. get some appreciation of that share price.

Ganndolph, nice digging in previous production numbers, continued processing of oxides after 2016 could well have been done, getting some positive contribution by keeping the processing plant at steady and high feed rate, even given relative low recovery rates when processing the oxides. Could be the reason for the drop in the OSP numbers.
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