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Re: nutsyprofessor post# 16342

Thursday, 01/08/2015 1:39:33 PM

Thursday, January 08, 2015 1:39:33 PM

Post# of 63744
Only challenge is current liabilities. They need money on the table and net free cashflow is not sufficient to match those short term liabilities. According to the financial report they have to coke up with approx 90M USD to meet obligations for the coming 1-4 months..
That's why the stock is surpressed and will fly when resolved. It will be in the best interest for creditors to cut them some slack and extend payment deadlines.. However still a tricky situation..
The GH infusion would have definitily skyrocketed banro. Now everything is one big question mark..

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