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braised007

01/05/15 6:25 PM

#16171 RE: Tronicta #16168

Timing of pmts to service the debt vs. ability to make those pmts, and then what cash/liquidity position would look like after servicing the debt.

That is why BAA needs $100M, ASAP. They can not grow or mine their way out of it. They "may" have been able to if Namoya went online without a hitch - we all know how that turned out...

I'm interested to see how this all shakes out. I personally hope they use Twangiza as leverage as there is far less uncertainty there vs. Namoya. We shall see...

JohnCM

01/05/15 7:40 PM

#16176 RE: Tronicta #16168

ANV = safest mining jurisdiction in the World

BAA = most volatile mining district in the World

Screw it. I am buying more BAA at sub 0.13