WAF 0.62% $1.60 west african resources limited

WAF $2.00 Party - You're all invited!, page-753

  1. 359 Posts.
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    Well, I hope that WAF does not go the way of PLS.
    Although you are arguing on the basis of market sentiment, you cannot really compare a Li producer with a gold producer. PLS has one of the greatest deposits of solid rock spodumene in the world and the SP figures you quote applied at a time when Li looked to be in shortage, foolish though that now appears. There was a degree of irrational exuberance around that time in relation to EVs and renewable energy and consequentially Li, as a result of climate change hype.
    WAF is shaping up to be a mid size gold producer amongst many producers and so it is much easier to compare WAF to others.

 
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