Just get the financing alreadyIf Osisko can get $400 million, surely Orvana can swing a portion of the $26 million for the UMZ pit.
A mini pit was always part of Orvana's plan. Ever since they found high grade ore (22g/t) to a depth of 20m all the way back in 1996.
13 years later they still are working on the pit plan. Come on, what does it take to figure this out. How can they let production decline before they get the UMZ into production.
At todays prices there is over $1.2 billion of AUEq in the ground. No doubt a few billion more in the surrounding areas they have been drilling.
Start digging already!!!
There is less patience in a volatile market.........right Sprott, right Glencore.