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Orezone Gold Corp T.ORE

Alternate Symbol(s):  ORZCF

Orezone Gold Corporation is a Canada-based West African gold producer engaged in mining, developing, and exploring its flagship Bombore Gold Mine (90%-owned) in Burkina Faso. The Bombore mine is an open pit gold. The Bombore mine is focused on its staged hard rock expansion that is expected to materially increase annual and life-of-mine gold production from the processing of hard rock mineral reserves. Bombore is situated 85 kilometers (kms) east of the capital city of Ouagadougou and is readily accessed by paved international highway thereby offering excellent infrastructure and simple logistics.


TSX:ORE - Post by User

Comment by hcarbonon Nov 15, 2020 12:31pm
116 Views
Post# 31903197

RE:$3.35 per share NAV @ 1750 gold and no further dilution

RE:$3.35 per share NAV @ 1750 gold and no further dilutionFrom MD&A june 30 2020.

2. Project Financing The Company reached an agreement with a syndicate of three banks on a non-binding common term sheet for senior secured project debt which was to be followed by the signing of mandate agreements and due diligence site visits before advancing to bank credit committee approval. 

Befor Covid-19 they had Project financing as above! I have listen to many interviews with Patric since the summer and I haven't heard nothing about further dilution!

drunk@noon, please show us the source where the mangament say's it will be dillution!!! Otherwise.....
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