Orvana Minerals Corp T.ORV

RE:RE:Larry, Break out or fake out ??

[Larry60]

P.S.  all accomplished under the same management team as today!!!!  Management overhead in the period around the market cap today!!!!!  wow.  so lucky!!!

Larry60 wrote: They have created value and progressed things over the past few years???

https://www.orvana.com/English/news/news-details/2019/Orvana-Reports-3rd-Quarter-Consolidated-Production-of-20696-Au-Ounces-11-Million-Copper-Pounds-on-Track-to-Meet-FY2019-Gold-Production-Guidance-with-Copper-Production-Exceeding-Guidance/default.aspx

5 years ago!:

Q3 FY2019 Highlights:

• Consolidated g old production of 20,696 ounces, on track to meet FY2019 guidance [guidance was 100,000 to 110,000 oz of Au, not AuEq)
• Gold-equivalent production of 23,841 ounces, with strong copper performance

• The Company continues to seek optimization of cost efficiencies and maximize free cash flow while increasing production
• Brownfield and greenfield exploration programs continue at Don Mario and Orovalle; Las Tojas open pit to be advanced in Q4 FY2019
•  
• Engineering continues on the proposed Sulphidization-Acidification-Recycling-Thickening ("SART") circuit, and ancillary facilities. The new circuit, which will allow the processing of oxidized stockpiles is expected to increase the mine life at Don Mario by an additional 2-3 years and is expected to commence in late FY2020.

So share price decimated.  Gold production decimated.  Gold almost doubled and AISC almost doubled!!!!  and the OSP?????  looks like 5 years plssed awasy!!!!

Yeah, I get it!!!!!!!!!!!!!!!!!!!!!

checkmate28 wrote:

Larry Use your head here. 

The only unanswered question is,- Has Orvana secured the necessary financing to execute the start of the OSP Project? and at what cost to the company?  The answers to these questions should determine if ORV.T stays at market cap in the teens or does it run to $50m for .36 / share in a hurry. 

  While you and others wine about the share price and Orvana mgt, they have moved the company forward and increased value over the last years. Also, as you know, they have done this quietly and with NO DILUTION to shareholders. Have you noticed They always seem to find the money and at a fair cost. Lack of transparency and hand holding sometimes, I'll give you that one. Lack of news and transparency hits the fear meter up! but they are moving things forward.     

#1  Oxide stockpile Project mill mod project financing almost across the finish line 

Oxide Stockpile mineral resource in the MEASURED catagory
all material above surface and already crushed. Just waiting to be fed to the revamped mill. 

Au 129k oz-

Cu 41k t -

Ag 3,461k  Oz
 
This OSP hapefully will be followed up by 6 million tonnes rich TSP AKA tailings stock pile 
Together these 2 projects will Potentially Add 6-7-year of profitable Mine Life to Don Mario Allowing for other Regional Exploration Opportunities and progress of 2.6M OZ Argentine Taguas property

# 2    4.7 Million oz AuEq company wide resource  -  2 mines - 2 mills

#3  Last but not least and probably the future of the company the Taguas San Juan Argentine property next to Barrick’s Veladero Mine.  Where here, they have went from zero to the following 2.6Million Gold equivalent ounce resource and a good looking PEA Study on the oxide component. 

 
  Its my thoughts, that they monitize the OSP @ TSP projects over the next years to take Tauguas through full feasibility and maybe development. This is a serious high horsepower project with the ability to really move the needle for a small company like Orvana. Thy'll probabaly sell this for a huge amount of money. 


  So Larry I got all this information off the company presentation off the website. One just needs to do some DD and answer the 2 questions below. Hopefully youve done this?  

  Has Orvana secured the necessary financing to execute the start of the OSP Project? and at what cost to the company? 


  From there, place your bet or sit and watch . 

 To me it looks like a lot of people have not done their DD and are just waiting for the share price to get high so they can feel good buying ORV at higher levels!!!