That's tough luck that is. It is an AK47 jurisdiction after all. The resource curse* strikes again. Regardless WAF will survive this. Thrive even. Australians are resilient.
High grade** the hell out of the BF asset and then use the profits to buy an assets in a safer jurisdiction. WAF BOD and management pretty much have this in mind as a solution right about now. If RED can do it (after it got bent over in the Philippines) WAF can do it too.
- * The resource curse is a paradoxical situation in which countries with an abundance of non-renewable natural resources experience stagnant economic growth or even economic contraction.
- ** In mining, high grading refers to mining out the portions of the orebody that has the highest grade of material to be mined.
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west african resources limited
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Ann: Burkina Faso Adopts New Mining Code, page-25
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Last
$2.21 |
Change
0.000(0.00%) |
Mkt cap ! $2.519B |
Open | High | Low | Value | Volume |
$2.23 | $2.27 | $2.21 | $13.90M | 6.251M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 131996 | $2.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.21 | 21127 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 131996 | 2.200 |
6 | 62012 | 2.190 |
5 | 151252 | 2.180 |
1 | 31366 | 2.170 |
1 | 31366 | 2.160 |
Price($) | Vol. | No. |
---|---|---|
2.210 | 21127 | 1 |
2.230 | 5722 | 1 |
2.240 | 120892 | 6 |
2.250 | 39208 | 1 |
2.260 | 39208 | 1 |
Last trade - 16.13pm 24/06/2025 (20 minute delay) ? |
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WAF (ASX) Chart |