Replies to post #3779 on Banro Corp. fka BAA

[Techamental Logic]

Nice catch. If I have time I'll do some more DD but I think the Q1 fins will be released before I get to it. It will be close and braised007 is probably closer with his break even to .01 EPS guess.

I hope we receive some analyst predictions on Q2 after the CC tomorrow.

@braised007 I forgot those numbers were already released. I remember now the bad weather extended into January and they lost weeks. It is going to be tight. Here's to hoping any financing was done through non-diluting arrangements with banks. I think there is a good chance since we didn't see any SEDAR filings concerning financing since the YE CC.

[braised007]

or the interest expense on the $175M bond, or the $40M financing from EcoBank Raw bank, BRC, and cash for gold financing from Auremat.

The Gramercy deal is a principal of $40M preferreds that the div's are paid on, not $55M. Those preferreds are convertible into 55M common shares, not $55M worth of common shares.