Post by
checkmate28 on Nov 22, 2024 5:23pm
Best quarter in a number of years!
Im measuring this with several factors.
EBITDA steadily increasing like they guided for.
Margins increasing while price of Gold and Copper continues rise
Nearly all financial Valuation metrics looking up
Orvana sentiment is growing with each quarter as they continue progress with NO Dilution
Labor strike is done, agreement in place to mutually benefit both sides.
Moving the OSP forward financially and on the ground.
No question, this project is progressing now straightforwardly!
Juan Gavidia, CEO of Orvana. "Project advancement continues in a controlled manner as we focus on managing our liquidity in a prudent fashion"
Translation : Minimal Share price killing Dilution!!!
The only negative, price has not kept up with real progress. This can be changed by management continually press releasing progress and to get the information pushed out through promotion and interviews.
The good thing about this, is that we get a chance to buy cheap shares of ORV with a story that we have a good handle on!
Juan ??? You do a great job presenting. Get out there and talk for us !!!!
Comment by
austrochris1 on Nov 23, 2024 3:24am
Orvana is a buy. 2026 almost 100 000 ounces goldequivalent with the production in southamerica. Ebida was huge in September.
Comment by
Nergy on Nov 23, 2024 3:55am
Another positive catalyst not clearly stated in the MD&A is that they will start mining higher grade AU from FY2025H2-> = CF from Orovalle will provide enough capital resources to fund EMIPA SOP. If operation continues without disturbances and interruptions....
Comment by
Nergy on Nov 23, 2024 3:59am
Let's also remember that they sold more AU then they produced but figures will be better from FY 2025Q2....