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Alias Born 04/01/2008

Re: None

Monday, 04/03/2017 1:07:57 PM

Monday, April 03, 2017 1:07:57 PM

Post# of 63744
This talk of a Hydroelectric dam scares the heck out of me! How are they going to pay for this???? I read the press release, but they dont mention financing or funding, and who are the other two parties investing? And what is the reason for investing with Banro in this Hydro-electric dam project? I understand operational efficiencies, but those can only be netted long term, and Banro has big lump sum loans due before any operational efficiencies can come into play, it sounds like a sure way to go broke, I don't know how to take this talk of building a Hydroelectric Dam. Can anyone explain to me how it makes any sense, and how Banro can make money if going another 100 million dollars into debt here? The dozers still need diesel fuel, all the equipment still will run on diesel, its not enough saving off the top line to pay for the reduction in cost..... Whats the plan take a interest only loan with another lump sum payment?

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