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Re: StockItOut post# 41523

Wednesday, 09/30/2015 11:43:18 PM

Wednesday, September 30, 2015 11:43:18 PM

Post# of 63744
Q3 is part of H2, and they were saying H2 as early as the July 9th release of Q2 production numbers.

Heap leach operations require several months of continuous percolation to fully recover the leachable gold. Thus, the process advancements from the second quarter, together with ongoing improvements to the heap leach circuit, are projected to result in monthly gold production of about 9,000 ounces once steady-state operating levels are achieved during H2 2015. Taking into account production at Namoya during the first six months of the year, together with the impact of delays in mobile equipment financing and the resulting delivery timelines on the ramp-up of Namoya, the Company has updated expected 2015 gold production from Namoya to a range of 60,000 to 70,000 ounces.



http://news.banro.com/press-releases/banro-announces-q2-production-results-nyse-mkt-baa-201507091016580001

In case I forgot to mention it above, Always Just My Opinion

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