I never said the deal would fall through.. your words, not mine.
I think they can delay it. and delay it, and delay it.
If gold is in free fall (which I now officially think it is)
Lots of Banro-related things might be affected.
How is the Gold stream deal affected if gold plunges?
Is Banros NYSE amex listing affected by drop in assets if gold plunges?
If gold plunges before deal is close, what happens to banro's stock price?
I agree Banro is undervalued long term, but short term they just announces that they only keep a 1,000,000 cash cushion!
They also implied mid april (which based on my calculations) is around April 15th. Isn't it now April 24th?
My 45% cash assures I can take advantage of any plunge in gold and plunge in Banro prices before this closing is finally announced.
What is your problem with that?
