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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

Post by sanddevilon Jul 09, 2015 10:49pm
168 Views
Post# 23910087

Excellent news !! Poduction guidance for 2015 INCREASED !

Excellent news !! Poduction guidance for 2015 INCREASED !Now how often do you see two quarters in a row of increasing mine performance and management actually increasing their 2015 production guidance numbers !!!

I was expecting Q2 results to come out around August 15, but looks like the accounting department is also running with increased efficiency !!

Twangiza poured 10,569 ounces in April, 12,059 ounces in May and 11,697 ounces in June for a second quarter 2015 total of 34,325 ounces of gold. Similar to the first quarter of 2015, these production levels significantly exceeded the 2015 monthly average production guidance of 9,000 ounces. As a result of this strong performance in the first half of the year, Banro is pleased to increase Twangiza's 2015 gold production guidance to a range of 115,000 to 125,000 ounces.

Looking for above $0.50 tomorrow....   SD
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