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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

Orvana Minerals Corp. is a Canada-based multi-mine gold-copper-silver company. The Company is involved in the evaluation, development and mining of base metal deposits. The Company owns and operates El Valle Mine and Carles Mine, which is situated in Asturias, Northern Spain (collectively El Valle) and is managed by its wholly owned subsidiary, Orovalle Minerals S.L. (Orovalle). In addition to El Valle, it owns certain mineral rights located in the region of Asturias. It also owns the Don Mario Operations (Don Mario) in San Jose de Chiquitos, Southeastern Bolivia and is managed by its wholly owned subsidiary, Empresa Minera Paititi S.A. (EMIPA). It consists of around 10 contiguous mineral concessions covering approximately 53,325 hectares (ha). Through its subsidiary Orvana Argentina S.A., the Company holds its 100 % owned Taguas Property, which is situated in the Province of San Juan, Argentina, and consists of approximately 15 mining concessions covering approximately 3,273.87 ha.


TSX:ORV - Post by User

Comment by Larry60on Apr 19, 2024 12:48pm
75 Views
Post# 35998291

RE:RE:RE:RE:RE:OSP Excuses???

RE:RE:RE:RE:RE:OSP Excuses???14 months ago they said consturction by April 2023!!!!!!!!!!!!!!!  Wow.  After 4 years of delays, they still got it wrong.......sssssssssssooooooooooooooooooooo wrong:

  • During the first quarter of fiscal 2023, EMIPA initiated the process for the issuance of a $47 million Bond Program in the Bolivian stock market. Conditional upon closing the Bonds Program issuance and completing the rest of funding during second quarter of fiscal 2023, EMIPA expects OSP construction to start in the third quarter of fiscal 2023. OSP is projected to operate for 35 months, starting after a 12-month construction period.
ALMOST 2 YEARS SINCE THEY INTITIATED THE BOND PROGRAM!!!!   WHO IS IN CHARGE?!?!?!?!?!?!??!?!?!  ARE THEY STILL EMPLOYED????????????????

Larry60 wrote: Guess what?????????????  More delays...................again...................cuz dat just the way it is???????????????????

"EMIPA expects construction to start in early calendar 2023."

Larry60 wrote: Ooooopppsss......more delays...........just the way it is.............good think we get phat sweet salaries....

 Subject to approval and financing, construction planned for FY2023; with a 3-year production life between 2024 and 2026

Larry60 wrote: OOooopssss, we changed are mind........AGAIN..............but dont worry, we wont explain or take ownership:

  • The Oxides Stockpile Project quality assurance (metallurgical) testing continues and a decision on the project is expected by the end of fiscal year 2021.
Larry60 wrote: " It is expected that the Oxide Stockpile Project will be in operation by FY2021."

Larry60 wrote: In summer 2020, ORV said that COVID had again DELAYED the OSP.  So the new target for commrecial production???

"the OSP is expected to require approximately twelve months of development to start commercial production late in 2021."










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