Hard to believe.
The most important thing in this situation is to generate as much cash as possible. If they have better material they would use it.
The very poor managment should know how important it is, to show the investors that they can do better. We don't need the lower end of the guidance, we need a positive surprise!
It seems only we have confidence in this stock, the shareprice reflects it. Never thought that Banro drops under 0.25 but with no PR, never on time, troubles in DRC, weak production numbers, no CFO, no refinancing every thing can happen. Arnold Konrat was right when he sold a few months ago.
I think we have a world class mining area but i am afraid that the weak managment can't refinance at good conditions.
Many mining stocks don't care about the old shareholders. Maybe we see in the near future 500 million or more new shares.
