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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WAF
west african resources limited
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Ann: Burkina Faso Adopts New Mining Code, page-25
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Last
$2.20 |
Change
0.025(1.15%) |
Mkt cap ! $2.502B |
Open | High | Low | Value | Volume |
$2.20 | $2.27 | $2.18 | $4.799M | 2.164M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 77334 | $2.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.20 | 73436 | 50 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 54935 | 2.190 |
30 | 155572 | 2.180 |
24 | 165705 | 2.170 |
12 | 294226 | 2.160 |
14 | 67198 | 2.150 |
Price($) | Vol. | No. |
---|---|---|
2.200 | 75362 | 51 |
2.210 | 139973 | 36 |
2.220 | 111212 | 20 |
2.230 | 143306 | 17 |
2.240 | 174629 | 12 |
Last trade - 13.04pm 23/06/2025 (20 minute delay) ? |
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WAF (ASX) Chart |