Banro Corp. fka BAA

[Edlaw1979]

Here is an outlook for H2:

Gold production 125000
Gold price received 1300

Operating revenue 125000*1300=162500000

Production costs -81250000 (cash cost 650 per oz)
Depreciation -25000000

Gross earnings 56250000

General and administrative -8000000
Share-base payments -500000
Other charges and provisions -10000000

Net profit from operations 37750000

Finance expense -21000000

Net profit 16750000

Net profit per share 0,0554635762



Cash flow
Net profit 16750000
Recognition of non-cash revenue -13000000
Depreciation 25000000
Finance expense 21000000
Other charges and provisions 10000000
interest paid -12000000

operating cash flow 47750000

Movement in retricted cash 8750000
Acquisition of property -20000000
Exploration -5000000
Dividends -5000000

Cash increase 26500000

At the end of the year Baa could have 30 million USD in cash. Most of the increase of the cash will only be made in Q4 because the spending of capital for both mines will be high in Q3 according to the conference call.