Banro Corp. fka BAA

[Techamental Logic]

I'm counting on Banro to release a plan soon that makes them profitable at this level. I'd love to see a JV of some kind that puts immediate cash in Banro's bank account as well as residual income. For example a copper mine. Maybe $30M for the right to explore and then 10% if something is found and exploited.

I'm also cool with Banro taking on a partner to kick off the 3rd and or 4th mines. Even 50/50 would work if it clears the balance sheet of BAA. If that happens BAA is an instant 4-6 bagger that can grow to a 10+ bagger within a quarter or two.

Even financing that can roll Namoya's financing into the $32M and still cuts Banro's $8M quarterly payments to $5M is cool with me. If that happens the math looks like this.

$5M / 31,000 ounces = $161 per ounce for financing.

$940 to $1,000 All-In-Sustaining + $161 = $1,100 - $1,160

Even if it truly costs them $1,160 per ounce they can break even on $1,200 gold. At $1,300 gold it glosses over the occasional equipment breakage or hiccup.

We'll hear something soon. I'm confident.