Replies to post #38698 on Banro Corp. fka BAA

[investorwisdom]

the 40 million was terms of the financing deal, it was not a option on the table.

[goldismoney1]

100% agree with all of your points, assuming their gold production at namoya doesn't start growing dramatically which is possible but I don't think probable. They poured 3k + 3k + 4k = 10k of gold this past 2 qtr.

They expect at a minimum 8k ounces per month at namoya which will be an additional 14k ounces per qtr or about $15.5 million with gold where it is today. That makes me feel more comfortable.

[9HikeDiscGolf]

IF the compnay were running out of hte money, the company will not buy cat 777 right away, I hope they would hold on and fix the finance?

IMO