it is because WAF would be printing money at the current market price. Did you see they didn’t sell all they mined for the last quarter. This management is very good at selling gold at the highest possible prices.
just a quick note to the situation in Burkina Faso, thanks to TikTok, I can see the situation is much better and people are happy. Burkina Faso means a country full of gentlemen. The burkinabes rather work for 3 dollars a day than begging on the street. This is very different to other African countries. They are truly one of the kind.
Burkina Faso Regime Forcibly Purchases Gold from Endeavour Mine, page-84
Add WAF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.48 |
Change
0.025(1.72%) |
Mkt cap ! $1.515B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.49 | $1.44 | $3.731M | 2.537M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20512 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 61611 | 7 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.48 |
Change
0.025 ( 2.35 %) |
||||
| Open | High | Low | Volume | ||
| $1.45 | $1.49 | $1.45 | 770718 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| WAF (ASX) Chart |