Replies to post #44372 on Banro Corp. fka BAA

[JDUR]

Yeah, I did the math. Look up the old financials and you will see BAA had 4.5koz then 2.6Kish now they have 1.6Kish.

All I did was plug in the last quarter EPS and then took into account the price drop of gold and the inventory liquidation. I could do the calculation here but I am too lazy. Mark my post and you can go back and see how right I was lol.

At least their debt will go down since all the profit from Namoya will go to capitalization costs. Should go down by about 5mil.