Value Microcaps Junior Miners

[checkmate28]

ORV.T ORVMF Keep in mind Current Market Cap $30M US

Link back I called a double or triple this year from current share price
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161001805

Just out
EBITDA of $7.3 million.
Free cash flow of $5.1 million.
Cash balance of $15.6 million as at December 31, 2020

$30 M MC - $15.6m CASH

Q1 Copper 2 Million lbs. avg realized price / lb 3.29
Upside: Current Copper $3.72 net .43 x 2MLbs = another $860,000/Q

If that alone isnt a reason to like Orvana Look at the coming catalysts
--------------------------------------------------------------
Current Oxides Stockpile Project (OSP), pilot program is being developed, with final conclusions expected in late fiscal 2021"

This will be a huge Low CAPEX Low IRR, High profit addition to Orvanas bottom line

2Mton mixed copper oxide stockpile sitting on top of the ground
The OSP Technical Report highlights are:

Proven Oxide Stockpile Reserves of 2 million tonnes containing 120,900 ounces of gold, 38,438 tonnes of copper and 3.2 million ounces of silver
Gold alone is close to 2GPT and on surface. Zero mining costs

Estimated metal recoveries of the Oxide Stockpile based on processing by sulphidization.
The capital cost estimate for modification of the existing processing plant to process the Oxide Stockpile is approximately US$25.6 million.

The unit operating cost for processing the Oxide Stockpile is estimated at an average of US$93.1 per tonne.

Final evaluation of the feasibility of the Oxide Stockpile Project is planned to be completed by the end of the third quarter of fiscal 2021, upon completion of detailed engineering works. (6 months)

Subject to the favorable completion of technical, economic and funding analysis, the sulphidization circuit and ancillary facilities development is expected to require approximately twelve months before starting commercial production.

The Oxide Stockpile Project will provide three full production years for Don Mario and a Huge economic addition while they drill the the rest of the project.

After this comes good economic tailing project.
--------------------------------------------------------
Lots of drilling Brown and Greenfield:
== Orovalle drilled 7,214 meters in El Valle in first quarter of fiscal 2021;
== Lidia Program commenced on schedule in the first quarter of fiscal 2021 and permitting for Ortosa Godan is in progress.

Taguas Chili, After the completion of the fieldwork campaign in December 2020, preparations are underway for 5,000 meters DDH drilling. Subject to the completion of all the required permitting and paperwork, and assuming no activities restriction in Argentina due to the COVID-19 pandemic, the program will be completed between February and April 2021.
17 targets identified Dec 2020

If there was one thing I was worried about, it was product going out the back door. I think this PR help mitigate that.