I would argue that right now, at .15 cents or so per share, Banro may be the best deal ever in the history of the stock market.
Warning to all Bashers....
Soon you will all be working for me as you hype Banro with new aliases.
Nayoma fixes already paid for with last financing of 35 mil. Nayoma debt payments already made through 1st quarter 2015. Plenty of cash for any production costs through 1st quarter 2015.
Financing deal for 120 million will be used to build out mines #3 and #4.
New pending will show that Nayoma is on rapid track to 100% output. Both Twangiza and Nayoma will be at 100% capacity for 2015.
Financing for mines #3 and #4 will transform Banro from Junior Miner to Mid-Major Minor, increasing stock multiples.
Hype from financing of #3 and #4 mine will propel stock well above the 1-2 dollar range in 2015.
Twangiza and Nayoma mines are profitable at Gold = 850 / ounce.
Can't wait for the Bashers to become my new stock hyping minyons.
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