Replies to post #21223 on Banro Corp. fka BAA

[fazlice]

1150 * 38,236 ( oz mined for 4th quarter ) = 43,971,400 . Lets say their AIC = 900 for both mines per oz, that would be 34,412,400 cost for everything. this would give us 9,559,000 income. / 252M OS ~ 0.03 or 0.04 per share.

That is at gold 1150. If they got more, it could be higher.

Thoughts anyone ?