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jb128

01/08/15 1:03 PM

#16339 RE: nutsyprofessor #16338

Ummm nutsy you calculated that wrong 334 x 15,900 = $5.3 million
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Jumptime

01/08/15 1:07 PM

#16340 RE: nutsyprofessor #16338

I aint know roket guy but mathe look off to meee
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investorwisdom

01/08/15 1:08 PM

#16341 RE: nutsyprofessor #16338

That is a pretty funny narrative, and its all just a matter of your opinion. The circumstances of today are not those of tomorrow and it's based upon that principal that loans are made out. The lenders know Banro has cash flow and its growing, that's why they lent them the money, you act as if they dont have a growing business and valuable asset base of millions of ounces in the ground. And again, they are trailblazers in central Africa, in fact a model for progress, stability, and job growth who goes to great lengths to strengthen the community. They are highly respected and have plenty of staying power my friend. blessings to you.
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TexasRambler

01/08/15 4:38 PM

#16357 RE: nutsyprofessor #16338

"Unfortunately, the financial picture for Banro is VERY grim!"

For you, maybe. BAA being close to $1.00 share in 9 months is not grim from my POV>
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fazlice

01/08/15 8:58 PM

#16375 RE: nutsyprofessor #16338

Maybe my math is off but, once the drum is in place, Namoya is expected approx 8k OZ. Now, if they do minor modification to it like TW, it could go more, theoreticaly speaking. According to their last Update, TW did this :

Twangiza poured 8,071 ounces in October, 9,825 ounces in November and 11,549 ounces in December for a fourth quarter 2014 total of 29,445 ounces of gold.

11k for TW is not impossible.