Orvana Minerals Corp T.ORV

Revenue for 4th quarter FY2023 increased by 6 million

[JUANTOTHESTARS2]

To calculate the revenue based on the given production figures and metal prices for gold, silver, and copper, you can use the following formula:

Revenue = (Gold Ounces x Gold Price) + (Silver Ounces x Silver Price) + (Copper Pounds x Copper Price)

Given the information you provided:

• Gold Ounces = 12,427
• Gold Price = $1,928.61 per ounce
• Silver Ounces = 38,861
• Silver Price = $23.57 per ounce
• Copper Pounds = 1.4 million
• Copper Price = $3.79 per pound

Now, plug these values into the formula:

Revenue = (12,427 x $1,928.61) + (38,861 x $23.57) + (1,400,000 x $3.79)

Revenue = ($24,009,648.47) + ($914,764.77) + ($5,306,000)

Revenue = $30,230,413.24

So, the estimated revenue for this production in Q4 FY2023 would be approximately $30,230,413.24.

JuantotheStars2

[Nergy]

They were holding an unsold inventory of 4 MUSD when we went in to the quarter so anything between 30-34 MUSD is a good guestimate, compared to 24M in Q3.