Impressed with WAF management while reading two year articles whereby they have stuck to project timelines with military precision.
https://www.mining-technology.com/projects/sanbrado-gold-project/
DFAT Advisory warns about Covid-19 cases & some hotspots where Ebola occured in neighbouring countries. Overall states that conditions are normalised since 2015 Burkinabé coup d'état in September.
https://www.dfat.gov.au/geo/burkina-faso/Pages/burkina-faso
Other projects in other regions have had issues. However San Brado is in supposedly safe area with lot of security.
https://www.reuters.com/article/us-perenti-operations-africa/australias-perenti-global-to-end-two-burkina-faso-contracts-after-attack-idUSKBN1Y605B
Burkina Faso government takes 10% cut in production. So overall with AISC of USD$500 project costings are very impressive.
Invested due to stability after coup and amazing ability of management to meet project deadlines and commitment. Will invest more moving forward after political dynamics in region are understood better.
Ann: West African Resources Pours First Gold at Sanbrado, page-55
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Last
$1.45 |
Change
0.065(4.71%) |
Mkt cap ! $1.646B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.46 | $1.40 | $7.867M | 5.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 95028 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 36100 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WAF (ASX) Chart |