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Re: braised007 post# 5508

Wednesday, 07/09/2014 9:43:38 PM

Wednesday, July 09, 2014 9:43:38 PM

Post# of 63744
Banro Corp's current portion of long-term debt for the quarter that ended in Mar. 2014 was $41.8 Mil. Banro Corp's long-term debt for the quarter that ended in Mar. 2014 was $162.7 Mil. Banro Corp's total equity for the quarter that ended in Mar. 2014 was $490.4 Mil. Banro Corp's debt to equity for the quarter that ended in Mar. 2014 was 0.42. The same as the year before.
The way I feel the debt is manageable. They refi'ed with good terms. What they needed was time so twangiza could pull enough revenue to pay the bills and expansion of namoya. All in costs are going to be below $800.00 an ounce while gold climbs to $1400.00 an ounce. Everything at namoya is fixable. If someone offers north of $3 a share considering current debt. I think it would be cool if someone gave them half a billion to fully develop the other two and fix namoya early that would be great too.

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