Yes. Someone needs to ask about this at the next CC . Its only a year away, so they must have thought about this scenario already.
In the meantime I just came across this old piece from 2011. Interesting to observe how things have panned out (pun intended). Its basically a case of everything being pushed back a couple of years. Even then BAA was regarded as severely undervalued. And that was with a share price of 6 dollars!! Now its just laughably undervalued. Enjoy fellow BAA investors. http://www.acting-man.com/blog/media/2011/07/57833659-In-Gold-We-Trust-061411.pdf
Likely to happen, unless Gold price goes wild and Banro, in selling produced gold, can actually pay off its bond debt.
I think better Banro refinance their bond debt and kick this can down the road, and if profits are strong per a strong gold price, that Banro buy back and payoff its recent two (2) financing deals and re-establish full and/or greater ownership of its producing mine assets.
If that's the game, then I counter my previous estimation where in fact Baiyin BAA share ownership becomes quite attractive.
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