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Re: BAA_Up post# 62342

Friday, 09/15/2017 12:25:32 AM

Friday, September 15, 2017 12:25:32 AM

Post# of 63744
Banro will earn $70, $80, $90, $100 more per ounce for Q3 and Q4, as the streaming and forward deliveries have ceased for H2 2017. And if production is up from Q2, which is likely as Q2 production was abysmal, Q3 and then Q4 will be noticeable earnings improvements. Only then a decently higher Gold price can offset the 'shock' of Q1 and Q2 2018 earnings when Banro's gold forward and streaming deliveries resume, plus the catch-up deliveries as not delivered in Q3 and Q4 2017.

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