InvestorsHub Logo
Followers 3
Posts 581
Boards Moderated 0
Alias Born 11/07/2014

Re: fazlice post# 57191

Tuesday, 11/08/2016 10:12:01 AM

Tuesday, November 08, 2016 10:12:01 AM

Post# of 63744
I was about to write exactly the same thing. This depends on gold now - BAA is still as a gold digger, performing quite nicely as the two mines reach a steady-state production.

Martin/BAA cannot inform individual investors about an expected miss on predicted production. This needs to be done altogether in a PR... and it doesn't warrant a unique PR because they cost money.

As Stockitout has pointed out, they expected to have the fine crusher installed by Q3 but that was disrupted because they operate in the Congo where things get rough sometimes and there aren't always roads to transport equipment... so since it still isn't installed it would be normal that can't reach their target.

A positive EBITDA is good news.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.