TSX:ORV - Post Discussion
Post by
JUANTOTHESTARS2 on Sep 19, 2024 1:49pm
OSP Timing
This is an excerpt from last news release.
Between July 1, 2024 and August 12, 2024 EMIPA completed the following: - 80% placement of the Bond Program units, for a total nominal amount of US $37.7 million.
- Issuance of 56,414 non-voting preferred shares, for a total amount of approximately US $0.81 million. Preferred shares were issued by EMIPA as a private placement in Bolivia, Orvana has not offered any securities.
- Four promissory notes have been contracted, for a total amount of approximately US $1.4 million, with due date September 2024
so if 80% of the bonds were placement in one month, so it has been more than a month since the 80% were placed.
or are they waiting for the 1.4 million due from the four promissory notes due end of Sep 2024????
anyways my gut feeling is news is coming very soon. If not then next NR will be the end of year financial sometime in end of October.
by then Gold price might be $2700 an ounce U.S.
JuantotheStars2.
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