Research Report on Orvanahttps://www.ob-research.com/sites/default/files/Orvana_Stonecap_Aug19.pdf
Very similar to rock's analyses but taking a different route to estimates.
Cash flow for 2012 is estimated to be
.62 per share on 80,000 oz of gold production at a cash cost net of copper and silver credits of negative $288 per oz.
Target is $3.75 based on 2012 expected production and cash flows....