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Re: braised007 post# 2779

Monday, 04/14/2014 11:46:19 AM

Monday, April 14, 2014 11:46:19 AM

Post# of 63744
It is pretty amazing how aside from the debt there isn't much fundamentally wrong with this company. The debt could be a non-issue by 2015 and possibly by Q3 if Namoya comes online on time or even early!

Every weekend I look for some obvious flaw that I'm missing to justify BAA hanging around .50 and Banro risking bankruptcy but I just don't see it. At worst I see Banro borrowing once more or adjusting their loan payments and being dinged with a minor penalty.

If Banro does need to dilute I think it will be minimal and they have done a great job of utilizing dilution with the least amount of negative impact to current shareholders.

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