News Focus
News Focus
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VSAStory

03/07/16 4:02 PM

#49524 RE: braised007 #49523

Interesting. But other miners have debt and seem to be given a more fair valuation. It seems to me like the market is not forward looking regarding Banro due to its DRC location. They value it on current sales without consideration for future growth. Maybe this is what happens when a stock becomes broken. I'm waiting to see how the market rewards one whole quarter with both mines operational. But I've been waiting for that for 3 yrs.
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badge0913

03/07/16 4:21 PM

#49526 RE: braised007 #49523

"And even if it does reverse, it's a noncash gain" ..I agree .. ".. so what do
they gain from it." Nothing?!

They will gain a much improved News Headline to their earnings.

Much is about marketing to get BAA noticed.
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VSAStory

03/11/16 7:27 PM

#49696 RE: braised007 #49523

How about after Q1 the impairment is reversed and then the bonds are refi'd?
Is this a possibility in your mind?