BAA should see $1 share price..DETAIL LINKS 1)
Post# of 240
1) BAA got $100 million NON-DILUTIVE financing
"Management believes that the US$100 million of capital is more than sufficient to meet the Company's liquidity needs over the next two years as it completes the Namoya ramp-up, with a sufficient cash cushion to absorb normal course volatility in gold prices and production."
http://www.marketwired.com/press-release/banr...995936.htm
2) Recently insiders bought shares..
https://canadianinsider.com/node/7?menu_ticke...tion+|+BAA
AND THE WORLD BIGGEST FUND BLACK ROCK BOUGHT 10.5% BANRO SHARES ON JANUARY 9, 2015.
http://www.otcmarkets.com/edgar/GetFilingHtml...D=10402933
3) The company increases production.. Q4 production increased to 38, 236 ounce gold..
http://news.banro.com/press-releases/banro-pr...0986224001
4) GOLD PRICES GOING Up, the world gold council released 2014 final REPORT THAT CENTRAL BANK AGGRESSIVELY BUYING GOLD..
http://www.gold.org/supply-and-demand/gold-de...-year-2014
5) Cash costs per ounce $615/oz and all-in sustaining costs of $698/oz.. LOW CASH COST MINES..
check JANUARY 2015 PRESENTATION: http://www.banro.com/i/pdf/presentation.pdf
6) NEW RUMOR APPLE WILL BUY THE ONE THIRD OF THE WORLD GOLD PRODUCTION FOR ITS NEW WATCH,. gold prices going up..
Could Apple Buy a Third of the World’s Gold?
APPLE WEBSITE: The Edition collection features six uniquely elegant expressions of Apple Watch. Each has a watch case crafted from 18-karat gold that our metallurgists have developed to be up to twice as hard as standard gold. The display is protected by polished sapphire crystal. And an exquisitely designed band provides a striking complement.
https://www.apple.com/watch/apple-watch-edition/
WALL STREET JOURNAL: Apple Orders More Than 5 Million Watches for Initial Run
http://blogs.wsj.com/digits/2015/02/17/apple-...itial-run/
Could Apple Buy a Third of the World’s Gold?
http://www.valuewalk.com/2015/03/apple-aapl-gold/
7) BAA~ Book value per share 1.95 dollars
Total Equity: 491.73 million dollars.
Book Value: Total Equity/ Outstanding shares
Book value: $491.73 million/ 252 million shares= 1.95 dollars
http://www.banro.com/i/pdf/2014-Q3.pdf