they are not gonna say anything else until the people they are bringing in has a chance to do their work and make recommendations to the board. that will take weeks, anyway.
We'll see .24 if Banro is unable to provide us with any type of update on the debt issue and gold remains below $1,300.
It is frustrating but until they have everything signed they can't tell us anything. I'm still very hopeful that they are hammering out some type of monster turnaround plan.
BAA would likely hit .24/.25 if Banro waits to release how they'll finance Namoya until Q2 fins.
At $1,300 an ounce Banro loses about ($136) per ounce for a Q3 loss of ($4.2M). BAA is priced currently as a stock that loses (.01) EPS in Q3. However at ($4.2M) they would lose (.0167) and that EPS would drop them likely a little under .25 per share.