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Alias Born 03/20/2015

Re: None

Wednesday, 10/07/2015 8:08:11 AM

Wednesday, October 07, 2015 8:08:11 AM

Post# of 63744
BAA is the simply the most undervalued gold producer in the world at this time:-

AISC $643.

$90 million financing received May 2015 to complete Namoya construction and ramp up.

Second mine Namoya now commercial.

Q4 net cash flow positive.

4 mines identified, 2 in operation.

Highly prospective gold belt with 100% ownership and less than 15% of land explored so far - growth profile is phenomenal. Conservatively, they are sitting on at least 10 million undiscovered ounces.

Book value $1.95


Now lets have a reality check on BAA's debt. Contrary to the hysterical posts, their debt levels are in fact......around average for the sector! As evidenced by the latest quarterly debt / equity ratio https://ycharts.com/companies/BAA/debt_equity_ratio
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