Banro Corp. fka BAA

[adama2000]

Do they mean this : A doré bar is a semi-pure alloy of gold and silver, usually created at the site of a mine. It is then transported to a refinery for further purification.

so the semi-pure gold goes to China? Ist this good or bad?

The Facility represents a loan of US$10 million with an initial term of two years from the date that each tranche is funded and automatically renews for an additional 24 months from each tranche’s maturity date unless either party provides 90 days notice of its desire to not extend. The Facility bears an interest rate of 10% per annum for the period that the first tranche is outstanding and 11% per annum following the funding of the second US$5 million tranche. The loan may be prepaid at any time without penalty.