Replies to post #55384 on Banro Corp. fka BAA

[N4longterm]

It is hard to tell, if they sold most of their gold around April 1, then they made ~$1220. If they waited a month, then it was closer to $1,300. We just won't know until sometime next week.

[Flycanuck]

I am thinking about it this way. All assumptions of course.

The streaming deals represent about 10% of production at $150 per oz.

The remaining 90% is at market, say about $1250 per oz.

Therefore the math under these assumptions points to:
(.1 * 150) + (.9 * 1250) = $1140 per oz

I welcome any scrutiny to this line of thinking. Thanks all.

go BAA!

[Flycanuck]

Surprize!!

Average gold price received ($/oz) 1,201