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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 JUANTOTHESTARS2 on May 13, 2024 6:52pm

Juan

Juan Gavidia, CEO of Orvana Minerals Corp. stated: "During the second quarter Orovalle improved its advance and backfilling performance, and we have expectations of further operational improvements as the year progresses, resulting in anticipated increased tonnage mined. Based on the production plan for the second half of the year, we expect to exceed the copper production guidance, and we should be reaching the lower end of the gold guidance. Additionally, I am happy to announce that we are expecting to meet our annual unitary costs guidance".

"At Bolivia, permitting, engineering and supply processes are ready to start construction of the Don Mario Plant expansion in July 2024, subject to close sufficient funding. We expect to provide news about the Bonds Program, core of the financing structure, in the following weeks", he added.

Comment by Nergy on May 14, 2024 12:08am
So within 2-3 months we will get a lot of good answers.  Seems worth waiting after a very prolonged desert walk, we might even see some opportunistic buying in coming weeks.
Comment by jrj90620 on May 14, 2024 4:15am
Just hope the bond sale goes well,or we're probably looking at equity sale and dilution,at a low share price.
Comment by Larry60 on May 14, 2024 10:59am
not a chance they do it with equity.  would be better off sellin it..............could  probably get $50 to $100M for it.