From the looks of the following Competent Persons Report on Gold One International (59% owned by Baiyin), it would seem that Gold One is prepping for an IPO in Hong Kong: http://www.hkexnews.hk/app/SEHK/2016/2016091406/a8908/EGOLDONE-20160914-31A.PDF Wonder if this IPO has any impact on Baiyin's timing for Banro refinancing ? Below links are for subscribers only: http://www.globalcapital.com/article/b10c0fpnhp3xz7/datang-seals-hk$2bn-ipo-as-gold-one-eyes-$200m-float http://www.globalcapital.com/article/zly65xwx8mkk/citic-backed-gold-one-digs-for-hong-kong-listing http://www.ifrasia.com/equities-south-africas-gold-one-plans-hong-kong-ipo/21263251.article