Replies to post #55682 on Banro Corp. fka BAA

[GoyGoy3414]

Ask them if they can monetize the other two undeveloped site by selling an interest to someone who has the funds to develop them. Then they can use proceeds to pay down debt.

[StockItOut]

There are many questions, main of which is for detailed specifics regarding and per what seems one of the most important paragraphs of this 2016 Q2 Earnings Report:

Net loss for the three and six-months ended June 30, 2016 of $13,486 and $36,620, respectively, were driven by the combination of non-cash items totaling approximately $5,900 and $15,300, respectively, relating primarily to fair value losses on mark-to-market derivative liabilities such as the gold forward sale agreements, and preferred shares, driven by improvements in the gold price environment and warrants driven by the increase in the share price of the Company, that were outside the normal course of operating activities in the quarter.

[Tronicta]

Ask them when they'll start posting profits (or when all these non-cash events will stop dragging us into the hole!)