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Bullboard - Stock Discussion Forum Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

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... see more

TSX:ORV - Post Discussion

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Post by Nergy on Dec 05, 2022 9:30am

Silence

Pretty amazing that the company can be totally silent this long.
 
Looking forward to the end of silence this or next week:

“ Q4 FY2022 financial highlights will be released with the year-end financials, expected mid-December, 2022. FY2023 guidance will be released with FY2022 year-end financials.”
 
The question is if an update regarding the OSP construction and financing, exploration and resource update from all three properties and resource remodeling of Taguas all will be included in the Q4 report or if they will deserve separate NR.
Comment by Thales12 on Dec 06, 2022 8:37am
Yeah, sooner or later they have to come up clean. ORv's Spain operation is as steady as dull.  It is their Bolivian operation that matters right now, I would think.  Instead of spending money on Taguas which brings AISC to indusrty high, get the ball rolling in Bolivia. Endeavour Silver did not develop Terranera project in time, which could have been their cash cow, and now are ...more  
Comment by greendayyyy on Dec 06, 2022 8:43am
The fourth quarter was released on November 30 last year. I believe they will stretch the results as far as possible this year as the results should be as bad as the third and suffer the lightning of the December capital losses.
Comment by checkmate28 on Dec 07, 2022 10:49am
Thales We have to wait. Its almost Christmas and that means almost option time. They need to get that out of the way and cant have shares at fair value.   I agree, the OSP and Tailings projects should be priority.  I like all the exploration as that plays into the future. 
Comment by greendayyyy on Dec 09, 2022 1:12pm
They're going to let the tax loss go through and release the results in late December or early January. I think the all-in costs per ounce should be around $2100 and $2250 and still show a loss for this quarter.   
Comment by Thales12 on Dec 09, 2022 2:17pm
From ORvana's Oct 17 PR: Financial Performance & FY2023 Guidance: Q4 FY2022 financial highlights will be released with the year-end financials, expected mid-December, 2022. FY2023 guidance will be released with FY2022 year-end financials. I expect AISC to be closer to $3,500, but I may be wrong
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