Orvana Minerals Corp T.ORV

Will the coming 2021 PEA study move the share price?

[checkmate28]

Since the next meaningful catalyst will be the updated PEA study EOY 21, I did some homework to get some idea what effect the coming PEA might have on the share price. 

 

 The 2019 PEA Oxide resource Includes about 520oz AuEq. The production plan is for 38.6Tonnes of oxide material graded .51AuEq to be produced over 10yrs at an AISC of $500. Sensitivitys show $1700Au netting an NPV of 108M

 

Fast forward to the 2021 scenario. 

The 43-101 currently shows 947,000 AuEqOz of oxide material at .60g/t. So double the resource with a 20% higher grade.

 

Surly CAPEX will not be doubled and sensitivitys should give a picture with even higher gold prices. The NPV should be well above $200M with a much better IRR.

From here, there's still much more upsides plus the sulfides to carry the mine life way out. 

Finally we will start to see the potential of Taguas to be enormous.

My conclusion : The coming 2021 PEA study will be a catalyst that will move the share price. 

[DumpOnYou]

YES....it will move it....niowhere...................... maybe they move it down .............for next whach of shares that directors and management will grant themsleves later this year..............for dumpin on us time after time...

[checkmate28]

Dumper, Last I checked the Insider report CEO Juan has been buying for years and sold a share.  Why do you come here and write things even you dont believe?  Do you own any shares or are you here to save us all? 

[DumpOnYou]

CHECKMATE, take off the JuanColored Glasses and look at reality.   most of da shares you see GonnaDumpOnYaJuan was GIVEN!!!!!!!    Hes been given millions of shares in the 20 cent range.    YES, he has bought some in the market.  Maybe a few hundred thousand over a span of years.................and he did it with YOUR money!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Youj a

[checkmate28]

So lets see dumper. The last 2 months have seen ORV .T shares trade near the 5 year high.  Even today we are near the 5 year high.  Juan has purchased 1,000,000 shares on the open market in the last 2 years.   Are you looking at the same ORV stock?  Retail share holders have had the oportunity to purchase millions of shares at and near the .13 - .17 range over many

[DumpOnYou]

CheckReality, "where the story is really negativ"...are you saying it is onlty "negative for orv, nor "really" negarive"??????? Enough of the 15 to 17 cents..................ORV traded at 40 cents in early spring/summer 2019!!!!!!!!!!!  at $1300 gold!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Holy F@ck!!!!  JuanTookADumpOnYou!!!!!! Most solid juniors or micros are

[maurizion]

Unfortunatly yes that is the truth. Quoting a 13 - 17  cent SP is really trying to put lipstick on a pig. We should be minimum 1 dollar.

[DumpOnYou]

GOLD UP BIG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ORV DOWN ANOTHER 5