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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

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.


TSX:ORV - Post by User

Bullboard Posts
Comment by Puffertimeon Oct 20, 2019 6:57pm
122 Views
Post# 30249416

RE:RE:RE:RE:RE:Help me understand

RE:RE:RE:RE:RE:Help me understand No offence Gandolph, but your models are way too optimistic. Great Panther, Mandalay and Orvana are well below what you were expecting, even below my usual pessimistic expectations, to be honest .  You should add a -20% penalty for unexpected events in your equations. Now waiting for Ar, Lmc and Abi reports.


ganndolph wrote: Ytinasni,

What part of the turn around at El Valle don't you understand? 

As of Q3 year to date, Orovalle reported a profit of $3.188 million USD.  Based on the Q4 production report,
Orvana's production translates into $140 million USD in revenue, and a gross margin of at least
$5.6 million US dollars for FY 2019.  Orvana had over $ 6 million USD in gold dore and copper concentrate
in inventory at the end of Q3, so if they sold only half their inventory plus their Q4 production, Juan Gavidia
will be able to report record revenue, and a PROFIT for the first time in many years in December.
 


Bullboard Posts