Replies to post #49703 on Banro Corp. fka BAA

[adama2000]

Namoya´s hl stress test in 2016 = 3 Mt!

i don´t know if i am right
but does this mean in the best case

3.000.000 on the heap leach with about
1,5g/t = 4.500.000 g = 158.732 oz
or 2g/t = 6.000.000 g = 211.643 oz
or 2,35g/t = 7.050.000 g = 248.681 oz
I know this is only on the heap leach and 1,5g/t is more realistic
How much can they really produce?

from the article S 13[url]
www.miningreview.com/wp-content/uploads/2016/02/MRA-2-2016.pdf

Namoya

Mining activities at Namoya improved
through the quarter as the new fl eet made
incremental contributions toward this.
The CAT 777 mining fl eet, which was
fully commissioned in early December,
moved over 700 000 t of material for the
month, compared with an average of
approximately 369 000 t for the fi rst 11
months of 2015.
The commissioning of the larger fl eet
represented the fi nal step toward Namoya
being able to operate in a manner
consistent with management expectations.
With continued increases in mining activity,
it is expected that monthly stacking levels
at the heap leach will quickly advance to
design capacity levels.
Meanwhile, Namoya’s heap leach stacking
throughput is expected to produce at a rate
of 2.6 Mt, but will be stress tested to over
3 Mt in 2016, in order to ensure that the
mine will in future be able to maintain
operating margins going forward, in the
event of a declining gold price.
Ore stacked at the heap leach for the
fourth quarter of 2015 decreased from the
third quarter to 383 913 t, but the average
grade of the material stacked was 2.35 g/t
of gold. With over 40% of this gold stacked
in December, Namoya’s gold production
in the fi rst quarter of 2016 is expected to
realise the benefi t of this higher-grade
material.

[Sampson001]

Thank you for sharing...took half the day to download...kidding....but really enjoyed the read. Even had a Uranium article after the Banro section that I enjoyed. After Cyber security, Gold and Uranium are my next two largest investments. Thanks again Fly'

[bullforever]

In the media's eye: BAA is "Developing a world-class gold company"; but in some BAA investors' eye: $0.29 BAA is overbought. So, they scream : sell! sell! short! short!

[Akula42]

Thanks for finding the electronic copy of the magazine.

Great article. My favorite part is:

The CAT 777 mining fleet, which was fully commissioned in early December, moved over 700 000 t of material for the month, compared with an average of approximately 369 000 t for the first 11 months of 2015.

[Congo Mining]

please repost with whole article copy and pasted with the link.

i want to put it on sticky