RE: Undervalued23 Oct 2025 03:54
W. Some ref. posted on OMI, so USD50/oz seems good call & maybe at lower end
Here's the Enterprise Value per ounce comparison for the selected junior gold companies:
Company Approx. EV (USD M) Resource (Moz) EV/ oz (USD/oz)
Orosur (OMI)35 1.5> $23/oz Greatland Gold (GGP) 6006.5> $92/oz Condor Gold (CNR) 55 2.4= $23/oz Marathon Gold (MOZ)3004.7~ $64/oz
Interpretation:
Orosur's implied valuation (~$23/oz) sits at the low end of the range, suggesting it's relatively undervalued per ounce in the ground compared with established developers like Greatland or Marathon.
That's consistent with an early-stage, higher-risk but higher-upside profile - investors are discounting its ounces heavily until there's an NI 43-101 resource and a clear development path.