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BANRO CORP. T.BAA

"Banro Corp through its subsidiaries, is engaged in the exploration and development of its gold properties, including Twangiza, Namoya, Lugushwa and Kamituga."


TSX:BAA - Post by User

Comment by Minecrafton Sep 20, 2015 9:35pm
73 Views
Post# 24120671

RE:RE:RE:RE:the messageboards

RE:RE:RE:RE:the messageboards
Hi baystock, here is the answer

  Sorry for the delay.
 
The $100 m figure in the statement remains an accurate figure, as strong Twangiza production has made up for the delay in the Namoya ramp up. A continuing low gold price through could change these circumstances.
 
The Company will make an assessment of progress at Namoya at the end of September and determine at that time whether we are in a position to declare commercial production. So far, we have not announced any changes to our plan to do so.

regards and good luck
 
REGARDS,
Martin Jones
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