Replies to post #55795 on Banro Corp. fka BAA

[StockItOut]

I remembered same language from previous Q1 ER regarding lower price differential from stream revenue, looked it up and it is there.

As for the $1201, you've assumed selling prices based on a loose average of the three month POG. Would be nice to see the specifics of how they got there.
From April to June, Gold fluctuated from $1,215 to $1,342. Did they sell some or most Q2 produced gold high above $1300, and other gold low (if at all) within the quarter's POG market prices, etc?
If average price differential was $55-$65, how? We know production totals, we know perecentages streamed to Gramercy and Baiyin where Banro gets $150/oz., and this makes for about $100+ per oz. marketprice price differential at time of sale. Mngt has provided average price differential, which means, if my math is correct (or is there something yet considered) Banro must have sold a fair amout of Q2 gold above $1,300 in Q2.
They could have sold April produced gold in very early May for $1,280s, and May and June gold in June above $1,300.
Is there an alottment of time into the next Quarter where a mining company can sell its previous quarter's gold and the sale applied to the previous quarter? For instance, it makes sense they are still producing June gold on June 30th, so do they sell this June gold in July at current July market prices, where the Q3 sale of this Q2 produced gold is applied to Q2? July POG was even higher topping at $1,366.