Replies to post #58801 on Banro Corp. fka BAA

[keyotee]

Think!

[Congo Mining]

BAA financials????

Now is a time to have a micro focus on BAA financials.

--The Big Bond is due in 45 days and they are in discussions with all of their large debt holders.

--There are financial advisers involved.

--Production at both mines was a vast disappointment.

-- The streaming takes about 70 dollars off the realised gold price per oz.

-- We need to consider the total cost of sails...not just AISC.

--Lower production means higher costs per oz.

The math is not looking optimistic.

They have a boat load of debt when the streaming is counted as debt...which it is.