great assets but need to get them to work 4 the company,many energy stocks not doing well,firmly believe this will come good at some time,many large brokers are becoming more bullish on this stock,
revenue down,but great set of results,production increased,as long as gold holds or moves up then I'm sure this share price should move up much much more over time
notice many of the large brokers r becoming more bullish on this stock many of them upping there targets,barclays having recently upped there target,lets hope we can move much higher with the share price now
there r many kimberlites I believe in the region of 6000 and I believe only 25-30 are deemed commercially viable,so keep it in to perspective, nothing really has been found
as someone said earlier may have to wait till September 4 more news as summer hols,time scale out of the window I'm afraid,still very little trading in this stock suggesting news still some way away
Orosur’s Q316 results demonstrate a return to profitability at San Gregorio in line with realistic guidance provided by the company at the start of FY16. Gold production is ahead of budget (27.9koz ytd), making the upper bound of its 30-35koz FY16 guidance look eminently achievable. All-in sustaining costs are, as guided, now below US$1,000/oz (Q316: US$978/oz) and projected to be around this level through to year-end. Cost savings extend to development capex, with San Gregorio Deeps (SGD) due to be mined using Arenal Deeps mining equipment when production ceases at this operation in Q416; associated with this revised plan is that no external funding is required to develop SGD. Orosur has all but repaid its outstanding debts and only has a small (US$0.4m) balance remaining.