Post by
SGordon on Aug 29, 2017 3:18pm
From BAA...
Thanks for your message.
Management and the Board are working to arrest the recent slide in the share price with an eye to returning value to all shareholders.
Please note that the plan of arrangement that was executed on 19th April 2017 resulted in the Company having two significant new shareholders as a result of their previous positions in the Preferred Shares of the Company being converted to ordinary shares. This appears to have also impacted upon the various positions held by all members of the shareholder group.
Best regards
Rory
Rory Taylor
Chief Financial Officer
Banro Corporation
Suite 7070 - 1 First Canadian Place
100 King Street West, P.O. Box 419
Toronto, ON, Canada M5X 1E3
Cell: +1 416 859 6576
Comment by
biggerr on Aug 29, 2017 5:55pm
also mines being located in one of the most corrupt countries in Africa being run by some generals in cahoots with an Israeli billionaire doesn't help, ha
Comment by
biggerr on Aug 29, 2017 6:05pm
it's hard to believe that a co' which produces some 150K ounces of gold from 2 mines has only a $35 mil. cap. Exploration companies with no mines have a cap like that for gawd sake
Comment by
biggerr on Aug 29, 2017 6:28pm
unless there is some deep dark secret to which I'm not privy and then I'm f%kd, ha