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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

Orvana Minerals Corp > New Press Release - ORVANA REPORTS CONSOLIDATED FINANCIAL
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Post by checkmate28 on Aug 12, 2024 8:51pm

New Press Release - ORVANA REPORTS CONSOLIDATED FINANCIAL

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Well we're still in the game. No negative surprises on the financial quarterlys. they look great. Nothing new on tguas or the oxide stockpile
Comment by JUANTOTHESTARS2 on Aug 12, 2024 10:07pm
Juan Gavidia, CEO of Orvana Minerals Corp. stated: "Our financial performance improved significantly in the third quarter generating $7.5 million cash provided by operating activities as a result of the increased metal production coupled by the positive metal prices, at the same time that we continue optimizing our mining costs". "At Bolivia, now that we have reached the critical ...more  
Comment by checkmate28 on Aug 12, 2024 10:18pm
Juan, thats $30 million /year anualised in cash flow. Basically the entire market cap. With ASIC at $1688/oz We should get a rerating if the market notices and believes ORV can keep it up.  At that rate they can help with the financing.  With the cash generation and the OSP ready to start construction, things are looking pretty good. 
Comment by Nergy on Aug 13, 2024 12:58am
Very nice financials, looking good, and they kept 1.4 Moz Au unsold, that can be sold in current quarter @ higher price .
Comment by Nergy on Aug 13, 2024 7:48am
1.4 kOz means 3.5 MUSD to ad on Q4 topline in FY2024Q4. The future has basically never been better in the company history.
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