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Replies to post #50584 on Banro Corp. fka BAA

Replies to #50584 on Banro Corp. fka BAA
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TexasRambler

03/30/16 3:43 PM

#50588 RE: goldismoney1 #50584

I agree. Also I don't expect $ saving from lower oil. !, I think there is a longer term contract for fuel, and 2. I goota think those big new cats use a lot more fuel than the oil machines.
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N4longterm

03/30/16 3:52 PM

#50592 RE: goldismoney1 #50584

I believe you are correct. Even though the have declared it commercial, it still isn't a full capacity yet. So as throughput increases, AISC will decrease. This why they stated on the call that H2 AISC will be better than H1.