Replies to post #49410 on Banro Corp. fka BAA

[OhManIDied]

Basic share price calculations:

Assumptions:
fully-diluted common shares outstanding: 400M
AISC (streaming deals factored in) = $700


Conservative scenario
2016 avg. gold price = $1200 (very low)
240k mined for the year (60k/quarter)
P/E of 5 (super low)

$500 profit/oz * 240k oz = $120M profit
EPS = $0.3
PPS = $1.5/share


Realistic expectations scenario:
2016 avg. gold price = $1350 (seems very doable)
260k mined for the year (65k/quarter)
P/E = 10 (gold in sustained bull market -- should be closer to 15)

$650 profit/oz * 260k = $169M profit
EPS = $0.4225
PPS = $4.225/share

BAA