snuck in and got a good amount more on the TSX.......sweeeet! was in the red...now its green...was that me LOL
FYI Analyst's recent report
March 31st 2014
"At year-end 2013, Banro had cash and cash equivalents of $4.5 million. As previously disclosed, subsequent to year-end 2013, Banro raised $40 million through the issuance of convertible preferred shares which should provide some near term liquidity relief. That said, we continue to believe the company could face tough financial times in the second half of 2014."
Same Analyst May 14th, 2014
"Overall, we believe the reduced monthly installments related to the BCDC loan and one-year deferral of repayment on the Ecobank facility provide some nearterm financial flexibility, but the third quarter remains a pivotal quarter for operations to contribute meaningful cash flow."
