Revisiting Orezone Gold A Year On To Assess the Bomboré Project's Evolution

In early 2023, Crux Investor released an Analyst's Note on Orezone Gold, scrutinizing their Bomboré gold project in Burkina Faso. Now, over a year later and following a brief April 2024 review, we dive deep once more. Has Orezone addressed prior concerns or do new challenges emerge? Read the report for FREE and in FULL on analystsnotes.com. Subscribe with only your email address for instant access to our entire catalog of hard-hitting, unbiased research and insights.

The Lowdown

Our 2023 analysis raised red flags about Orezone's Bomboré project. Now, with the benefit of actual production data and a revised 2023 feasibility study, does the project shine brighter or do shadows still loom?

• The updated mineral resource estimate shows improvements, but the absence of reconciliation with mined data raises eyebrows. Is the model truly validated?
• Operating costs soared compared to early projections, even with more realistic 2023 estimates. Can Orezone keep expenses in check as they navigate the complex Bomboré geology?
• Political risk takes center stage as Burkina Faso allows the deployment of Russian-linked forces. Will this deter critical western funding for the Phase II expansion?
• With a share price plunge since early 2023 and a lofty gold price, does Orezone now offer a golden opportunity or do the risks still outweigh the potential rewards?

Dig into the details with our comprehensive review. We scrutinize every aspect from geology to costs, providing the unvarnished truth. Does Bomboré have what it takes to deliver shareholder value or will challenges persist? Subscribe now at analystsnotes.com to find out.

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