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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

Post by drunk@noonon Jan 13, 2021 11:37am
191 Views
Post# 32284985

Curbside: Their latest press release contridicts you.

Curbside: Their latest press release contridicts you.qupte unquote
"Negotiations for conventional project debt covering a major portion of the project construction budget are advancing rapidly and smoothy"
Their you have it. If you are able to understand english--something I think is clearly beyond you-- you would understand what the term major portion means. 
66% would be a major portion, so would 70-75% As would 80%.
Major does not mean 100%
Time and time again in interviews they have aluded to the debt finanicing portion. Not that all the remaining cap ex requirements would be raises exclusively by debt.
And now in the latest press release spells it out clearly. Major portion.
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