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Re: StockItOut post# 62039

Thursday, 08/17/2017 10:55:43 AM

Thursday, August 17, 2017 10:55:43 AM

Post# of 63744
Taken from:

https://seekingalpha.com/pr/16917883-banro-announces-q2-2017-financial-operating-results

Q2 2017 consolidated cash costs of $824 per ounce

(Not Good) Namoya's operations were interrupted by two security incidents during the second quarter of 2017. The impact included the loss of 8.5 days of mining operations during the second quarter. (Good) The delivery of the new mining fleet in July 2017 is expected to assist in achieving higher levels of gold production.

Banro intends to control costs by continuing to improve operating efficiencies through optimizing operating procedures and increasing production and processing capacities at Twangiza and Namoya to benefit from economies of scale, while maintaining strong environmental and safety standards


To name a few.

But negativism can be found in everything, I have a feeling some will feel the need to express, even if it is of NO USE to anyone.

Long and Strong, BAA, Going Forward!


What I express is my opinions only! I recommend for you to Do your own Due Diligence to get yours.

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