ORN 0.00% 1.6¢ orion minerals ltd

Ann: Quarterly Cashflow Report, page-6

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  1. 632 Posts.
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    Thx wobblyboots. I have just been looking back through the Prieska related announcements looking for anything like a PFS that might give some clues to the expected Capex/Opex for the mine and an associated IRR/NPV or similar. We have lots of info on resource/metallurgy/resource value but no idea as to the costs to extract/process. Have you seen anything like that? Is it not strange to go to a BFS without a FS/PFS done? Does it show enormous confidence to spend the effort on a BFS without that precursor or is there another interpretation?

    Anyway, the crazy prices continue. I tried for another 100,000 at 0.025 having seen a >1M trade at that value but no-one took me up on it ;-)

    Continue to watch with interest
 
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