I myself didn't read too much about the p/b ratio but I'm assuming the rule of thumb is less than 1 undervalued, with that said, I'm sure Banro production definitely increased due to namoya and efficiencies at twaziga! All I know if I've been comparing companies listed as Peer / Comparable companies and I don't need the p/b ratio to tell me Banro should be over a $1 for sure lol, I don't know how the gold price is going to affect the revenue, I'm hoping Banro has always thought conservatively not only on their selling price for gold but hopefully their production, I am hoping they blow us away in the next few weeks! I'm hoping and praying!! go BAA (be easy I just started investing this year)
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