Wow $0.40/shareThe last time gold was at $1200 and copper at $300, Orvana had a share price of $1.50. But there were fewer shares outstanding then.and no one had dropped a bomb down their pirmary mineshaft.. So it's not all macro.
I don't think they will have a problem meeting their debt obligations. While management has shown no skills in squeezing the expense side of their ledger, they were paying it lip service prior to the gold price tumble and it takes time. So maybe they can continue on. If not, expect Fabulosa to own a much larger share of this company when they convert their debt to equity.