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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 Jun 20, 2023 12:28pm
143 Views
Post# 35505455

how much more shareholder destruction will take place

how much more shareholder destruction will take placeto finance expansion? With 90 mill of free cashflow coming through the door from april-dec. The rest of the cap ex should be easily done with debt. THE DANGER HERE is he will DESTROY MORE SHAREHOLDER VALUE with further unnecesary dilution. MINDLESS CHEERLEADERS FEEL free to be on the record telling me their will be no more shares/warrants issued in  conjunction with the expansion. 
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