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Re: None

Saturday, 06/13/2015 8:31:36 PM

Saturday, June 13, 2015 8:31:36 PM

Post# of 30289
Banro's overall Mineral Reserves have grown by 23% to 2.91 Moz (42.91Mt @ 2.11g/t Au) at US$1,200/oz gold price. Banro's total Measured and Indicated Resources for all its properties is 7.73 Moz (154.91Mt @ 1.55g/t Au), and 5.26 Moz (97.78Mt @ 1.67g/t Au) in Inferred Resources
12.99Moz @ 1200USD/oz = 15.48B. Subtract the best all in process cost per oz of 541USD /oz , to arrive at total assets in mining property and clearly this company is worth 8-9 B
8B/250M shares gives ya 32$ PER SHARE. Sell your biotech man and buy BAA

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