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OhManIDied

08/19/15 4:55 PM

#39198 RE: coach tequila #39197

Excellent post, as usual. Thank you so much for sharing with the board.

+1

BAA
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goldismoney1

08/19/15 4:55 PM

#39199 RE: coach tequila #39197

Thanks You for sharing, new fleet is huge.
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coach tequila

08/19/15 4:57 PM

#39200 RE: coach tequila #39197

I hope you enjoyed Mr. Jones' response. I know I did.

Not only does BAA have continuing income from production...they have access to lines of credit to smooth over the cost of the Namoya commercial delay, the TMF costs and the debt service.

Run your numbers at $1100 oz gold and 50-55,000 oz of production. Starting Q4.

JUST MY OPINION OF COURSE. Enjoy the ride. Coach T.
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Congo Mining

08/19/15 5:02 PM

#39204 RE: coach tequila #39197

***Fantastic Work*** Lines of credit.

He did say to me that they had availability for "local bank loans" but I did not press to see how much.

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Congo Mining

08/19/15 6:52 PM

#39208 RE: coach tequila #39197

If these are lines of credit…are the total availability amounts of these $42MM and is BAA planning to utilize these loans for the improvements?

Are you sure...that they were lines of credit?
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Congo Mining

08/19/15 7:08 PM

#39211 RE: coach tequila #39197

What's his e-mail address. I've seen it posted but it would take me quite some time to find.

Thanks.