Banro Corp. fka BAA

[TeamTOC]

Are you sure they will soon? How soon? I'd be patient over the next couple weeks because your "soon" may never come if $1100 holds.

Also, have you done any calculations to see how much impact this would really have? It's not really that much, although I hate to see it come off the bottom line. However, there could be a silver lining if the POG stays low and more eyes get onto BAA while other miners fold or cease operations due to the POG.

I ran the numbers for the $20M financing at $1000 POG. For Banro to deliver gold to Gramercy to realize a price of $1100 POG, Banro would have to deliver an extra 61.8 ounces in a month. So double that for the two $20M deals.