BAA ~Some important highlights from financials~
Post# of 98001
Average gold price received ($/oz)
Q4 2014 Q4 2013 Change %
1,202 1,264 (5%)
Gold sales (oz)
Q4 2014 Q4 2013 Change %
29,264 21,379 37%
Gold production (oz)
Q4 2014 Q4 2013 Change %
29,445 22,858 29%
All-in sustaining cost per ounce ($/oz )
Q4 2014 Q4 2013 Change %
689 899 (23%)
Cash cost per ounce ($/oz)
Q4 2014 Q4 2013 Change %
592 813 (27%)
page 59
http://www.banro.com/i/pdf/2014AnnualReport.pdf
when you compare q4 2014 and q4 2013 numbers you will see big differences and MONSTER DEVELOPMENTS.
Cash cost per ounce down 27% and All in sustaining cost down 23%.
Gold production increased 29%..
FOR Q1 2015 ..
Gold production increased 78%
BAA produced 45,197 ounce gold during first quarter.
http://news.banro.com/press-releases/banro-an...1000458001
My guess is Cash cost per ounce will down below 592 dollars because the company increased gold production significantly at Q1, 2015.
My guess Gross Profit could be between 23 and 29 million dollars.
My expectation as well very good NET PROFIT POSSIBLE BETWEEN 5 AND 13 MILLION DOLLARS..