Replies to post #59184 on Banro Corp. fka BAA

[GoyGoy3414]

Yeah de-listing is not a concern with the preferred debt being turned into Equity.

[fazlice]

market cap of the company- and new shares / restructuring isnt done till april....

[TeamTOC]

I'm pretty sure the listing requirement in 75M. So at the current OS, I think we need a price around .25 to regain compliance. Now, with the new deal in April, even if the current pps holds we'll be plenty okay.

I'm not too concerned overall with delisting. They could just go TSX, but I don't think it will even get to that point. The can be granted extensions, and I see no reason why that wouldn't be done. IMO, the only thing that matters now is the price of gold, and their production numbers.