Orvana Minerals Corp T.ORV

Alternate Symbol(s): ORVMF

Metals & Mining Gold

Orvana Minerals Corp. is a multi-mine gold-copper-silver company. It is involved in the evaluation, development and mining of precious and base metal deposits. Its assets consist of the producing El Valle and Carles gold-copper-silver mines in northern Spain, the Don Mario gold-silver property in Bolivia, and the Taguas property located in Argentina. The El Valle and Carles mines and the El Valle processing plant are a producer of copper concentrate and dore. El Valle is located in Asturias, Northern Spain. The Don Mario Operation is in San Jose de Chiquitos, Southeastern Bolivia. The Don Mario Operation consists of a set of assets that includes Las Tojas orebody, and the previously mined out lower mineralized zone, upper mineralized zone and Cerro Felix mines. The Taguas Property consists of 15 mining concessions over an area of 3,273.87 hectares, held and managed by its subsidiary Orvana Argentina S.A. Taguas is located in the province of San Juan, on the eastern flank of the Andes.

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Orvana Minerals Corp

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Comment by griffen1on Aug 14, 2012 10:55pm

218 Views

Post# 20218295

RE: RE: RE: RE: Cash cost

So not knowing what metals, what concentrates, what price they get, the inventory is worth somewhere between 30-100% more than what they're carry it at.

To further complicate their costs they are now reporting EVBC gold costs net of by-products whereas Don Mario costs are co-product since gold is a smaller portion of revenues relative to silver and copper in Bolivia.

Perhaps just focus on cash flow. Here is a good article on the matter.

https://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=122038&sn=Detail

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