WAF 4.71% $1.45 west african resources limited

Ann: Presentation - NWR Virtual Small Cap Resource Conference, page-78

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  1. 8,035 Posts.
    lightbulb Created with Sketch. 566
    No ramping from me

    The company has done little to gain trust..in my eyes
    I am always dubious of all management.
    After all they are in it for themselves..
    At this stage the mine is in the hands of the contractors.
    That will be the case at least until commercial production..
    I think they will have a good 18 months to 2 years of production..
    Once the best grades are gone ..they will be another struggling miner..
    I also expect the gold price with be on the way down in around 2 years..
    I just want to see $1.50 and I am out...


    Cheers
 
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