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Post# of 63744
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CrazyDonkey

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CrazyDonkey

Re: Techamental Logic post# 5875

Tuesday, 07/15/2014 5:34:21 PM

Tuesday, July 15, 2014 5:34:21 PM

Post# of 63744
"Banro's big problem is they need to cover $32M in debt charges over the next 12 months including dividends for preferred shares.

A streaming agreement could be timed to kick off only once a certain production target is reached, so that near-term returns could be dedicated to lowering the debt load.
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