I'm not expecting an announcement of WAF being able to borrow money to build Kiaka, why would bankers lend $250M for WAF to double down in the country that is tanking their share price, monumental failure managing risk by Richard. I certainly wouldn't and the bankers know and they have ways to effect our share price, this is just one of the reasons for the share price decline and with the possibility that this Islamic Insurrection is not the cute simple garden variety kind but in fact a US orchestration, the US used ISIS as pretexts to go into many countries such as Syria to cause destruction, of course they would reuse this in other places, why not most people are not the wiser anyway.
WAF is in serious trouble, Richard needs to do something. I do not regret offloading many of my adds at a bad price, the situation is what it is.
WAF Price at posting:
84.5¢ Sentiment: Hold Disclosure: Held
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