WAF 2.81% $1.56 west african resources limited

Burkina Faso Regime Forcibly Purchases Gold from Endeavour Mine, page-77

  1. 6,249 Posts.
    lightbulb Created with Sketch. 1198
    I was just thinking last week that it was a good time for Richard to come out from behind the desk and address the goings-on in BF to soothe markets' jitters. He did a good job, IMO. The only query I have is at what interest rate can WAF borrow money to fund the new mine? 6%+ can look a bit risky and would likely dent the SP a bit if enacted due to increased risk.

    I'm not as worried about sovereign risk as other are though. You can get worse problems in so-called safe havens like Canada with soaring labour costs and Covid absenteeism. West Africa is gelling up and getting together to shake off the old days of constant turmoil and I think the days of those Muslim gangsters are numbered.
 
watchlist Created with Sketch. Add WAF (ASX) to my watchlist
(20min delay)
Last
$1.56
Change
-0.045(2.81%)
Mkt cap ! $1.598B
Open High Low Value Volume
$1.58 $1.60 $1.54 $4.654M 2.985M

Buyers (Bids)

No. Vol. Price($)
2 16053 $1.55
 

Sellers (Offers)

Price($) Vol. No.
$1.56 19204 5
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
WAF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.