Replies to post #51635 on Banro Corp. fka BAA

[Chelski]

Book value is the value at which an asset is carried on a balance sheet. To calculate, take the cost of an asset minus the accumulated depreciation. 2. The net asset value of a company, calculated by total assets minus intangible assets (patents, goodwill) and liabilities.

[TexasRambler]

why would expenses be different. Seems they just note just higher grade in ore. so wouldn't you add most, if not all, value to bottom line?