Replies to post #11355 on Banro Corp. fka BAA

[Techamental Logic]

Yep, 38K is the median of Banro's estimate. I should have said the 35-36K was my initial estimate based on the numbers Banro gave us for their estimate and their recent performance. They've improved from completely missing the low end, to just barely missing the low end to I believe exceeding the low end but missing the median in Q4.

My estimate will likely change as the quarter goes on and I see how weather and other geopolitical events play out in the DRC as well as DD from Banro like new job postings.

Here is my final estimate for last quarter.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106720216

Below are the exact numbers Banro needs to hit in Q4 to meet their lower and upper full year 2014 estimates with 38,270 ounces being the median.

Banro's Q4 Production to Hit 111,000 Ounces In 2014
Twangiza needs 21,261 ounces to hit 90,000
Namoya needs 11,509 ounces to hit 21,000
Combined they need 32,770.

Banro's Q4 Production to Hit 122,000 Ounces In 2014
Twangiza needs 31,261 ounces to hit 100,000
Namoya needs 12,509 ounces to hit 22,000
Combined they need 43,770.

http://news.banro.com/press-releases/banro-provides-q3-2014-production-update-for-its-t-nyse-mkt-baa-201410070971734001