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Re: celtics1 post# 56451

Saturday, 09/24/2016 5:45:24 PM

Saturday, September 24, 2016 5:45:24 PM

Post# of 63744
Seems this is what Clarke is saying, moving away from the long held Banro stance of "wholly owned." And makes sense in the current gold and gold mining environment (POG is not mega high currently), and per Banro's significant debt situation, even after a bond refi, which to me seems unlikely to reduce overall debt much. For an investor, Clarke's 'news' actually seems quite a positive. Baiyin is prob'ly gettin' all excited. Who knows their mutual discussions.

With bond refi, and news like this, where then also cash will be established to pay down debt, and to best continue run operations, efficencies, further explore and develop, Banro could pop to $1.10 overnight. Or is this too conservative...
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