Orvana Minerals Corp T.ORV

Alternate Symbol(s): ORVMF

Metals & Mining Gold

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.

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Orvana Minerals Corp > Orvans Financial Numbers out q224

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Comment by Larry60on May 14, 2024 10:26am

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Post# 36038669

RE:RE:Orvans Financial Numbers out q224

should be close to $20 million in cash flow generated in Q3 and Q4 ie by september. THats alot of coin. close to current market cap.....................if it doesnt dissapear...........

checkmate28 wrote:
There are a lot of reasons to be positive about Orvanas Q3 performance.

Q3 The work stopage strikes are over .
Q3 Higher Copper and gold prices. Probably the higest averages ever.
H2 Targeting 58,000 tonns compared to a H1 45,000 avg (30% INCREASE)
Q2 Equipment deficiencies and backfill activities hurt Q2 to help H2
The November bond program had 180 days. Almost up

If they are ready & permitted to start as they say, we could be in a very good spot.
Fully funded for the expantion with operations profitable, increased production, decreased costs & record metal prices, ORV stock would be in a obviously undervalued position.

"At Bolivia, permitting, engineering and supply processes are ready to start construction of the Don Mario Plant expansion in July 2024, subject to close sufficient funding. We expect to provide news about the Bonds Program, core of the financing structure, in the following weeks", he added.