Orvana Minerals Corp ORVMF

Copper Rev vs Market cap

[checkmate28]

todays copper price of $4.56 

Orvanas 2021 Copper guidance 8 million lbs

4.56 x 8M =            $36,480,000

ORV  Market Cap  $36,890,000

[maurizion]

OK Next question Why?

[Thales42]

Orvana is not different from Mandalay and I think Orv is following Mandalay's path - growth and free cash flow under the radar until one day the market discovers a very attractive Mamachita in Orvana.  Same as Orvana Mandalay was left for dead two years ago.      

[ganndolph1]

Thales42, Mandalay is different from Orvana Minerals in three respects: Mandalay Resources has the Costerfield mine which is the 6th highest grade gold mine in the World, and now we know that at depth at Costerfield we have another FOSTERVILLE! In terms of the share price, the market makers pushed MNDJF down to 3 cents in 2018, and forced most institutional investors out of the stock and

[Thales42]

Ganndolph, not sure why you addressed your Mandalay editorial to me. If your objective was to raise awareness of MND on Orv board, you may have a point; otherwise you took my post out of its content. Regarding Mandalay, I have been in and out Mandalay for as long as I remember.  Not sure I follow your support for Mnd and the $10 US target price.  If Mnd were unhedged maybe, but not with

[ganndolph1]

Thales42,  My post on MND was not meant to be an editorial.  The point that I was making is that things are often not as they seem.  For example, you may be surprised to learn that Mandalay just reported a consolidated net income of $25.5 million USD for Q1 2021.  That is US 28 cents per share or 35 cents per share Canadian. Their gold hedge netted them a profit of $20 million

[Thales42]

First of all I own both, Orvana and Mnd.  I do not thing that you can make projections for future Mnd earnings based on an off-quarter financials (the hedge  was one off gain because of a lower gold prices).     Mnd is  decent miner and expect as soon as gold hadges are over in 2023, that Mnd will reinstate its dividend policy. Regarding Orvana, the potential is

[maurizion]

You may be correct. There are so many long suffering shareholders that a 50 cent bid might get it done. Why are they holding back revenue to make the earnings look bad when they have not had a profitable quarter in years? It would be a shame but the gangsters that own this company may steal it away.

[Nergy]

My big picture is still the same and seems to be totally different from many of yours. I think that Fabulosa and management want to create value and exit. But they will not exit before Taguas is up and running and Orvana is valued north of 1 BUSD. They simply don't care about the share price between now and then.

[NostradamusII]

Nergy, I couldn’t agree more with your analysis. Fabulosa/management are working to create long term value, would be very surprised if they would sell under 2-3 CAD and even this is probably too low.

[Nergy]

Good to see the company operating in absolute stealth mode is getting some momentum. The long term goal for the majority owner Is still the same. I.e exit with more the 1 BUSD in their pocket when the truth value for Taguas gets to harvest time. Still many years to wait for the end game and another 5000% to gain. I will stay with the tide.

[jrj90620]

That's Fabulosa