Replies to post #21224 on Banro Corp. fka BAA

[goldismoney1]

Sounds in the ballpark to me, I think ends up slightly better because of higher gold price and maybe less total expenses for qtr.

[_19]

Using those production numbers (referencing last quarters numbers) does make your numbers look good. I am long baa, however don't think BAA production numbers will be as strong as last quarter. Of course the drum factor ( I would be surprised if the drum went in and is producing as well as we hope). Also I think Twangiza will be on the lower end of their production guidance of 110000 oz for the year. I am thinking this quarter twangiza about 27500 oz and Namoya ~ 9000 oz for the quarter.

27500 + 9000= 36500oz
With ~ $975 aic leaves ~ $225 (~1200 POG - 975 aic = $225)

36500 x 225 = $8.2 M

252M outstanding shares / 8.2 M = ~ 0.03

[bullforever]

your number should be operational cash flow, not net income. the net income for 5m or 2 cent/share is more reasonable or possible based om my calc