WAF 3.86% $1.48 west african resources limited

What do people know about WAF's security arrangements?, page-3

  1. 607 Posts.
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    Thanks for posting. Appreciate the info and data. My feeling is that the security risk is already priced into the stock. If WAF's mine was in Australia then the share price would be a lot higher. Of course is there is an attack then the s/p will drop sharply. Like everything else with investing, it's just risk vs reward. What risk are you willing to take to get what reward? I know WAF s/p has been frustrating to a lot of people on HC (including myself) because they expected a higher reward for their risk. Next 4 months are key, imo. Once that underground stoping ore is being milled in Q3 and the FY21 guidance is released in Q4 we will have a lot better idea where this stock is going.
 
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