BANRO CORP. T.BAA

NEWS- Banro Reports High Grade Drill Results at Namoya

[1option1]

Banro Reports High Grade Drill Results at Namoya and Provides Corporate Update

TORONTO, ONTARIO--(Marketwired - Sept. 18, 2015) - Drilling at Namoya intersects significant mineralization including 16.00 metres grading 5.35 g/t Au, 15.00 metres grading 5.00 g/t Au and 24.00 metres grading 2.77 g/t Au Banro closes US$16 million in financing consisting of a gold forward sale to provide working capital for Namoya ramp up, and a local bank refinance Banro Corporation ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) is pleased…Read More

[Minecraft]

Thanks but everybody can read this everywhere, if you are invested you got this from the company yesterday. Do you have any opinion? M. Jones told me they will inform us about Namoya at the end of september, my opinion... it could last longer to get namoya commercial, for that the new financing. If they are producing at namoya inQ3, they wouldnt need a new forward sale. Anyway, they get money if

[baystock1]

I am in Banro for 2-3 years,  for what I believe will be a massive payoff. The key metric I am focused on is whether once Namoya is declared commercial they will start generating the cash flows to start  paying  down their debt