WAF west african resources limited

Ann: Quarterly Activities Report, page-2

  1. 525 Posts.
    lightbulb Created with Sketch. 60
    AISC up to US $1296... previous calcs I had used were based on $1250. Sounds like a fair bit of the increase was based on lower gold sales. They are still sitting on 8,800 oz unsold. Avg AISC now US $1250 for the year.

    "The AISC per ounce of US$1,296 was 12% higher than the previous quarter reflecting 5% lower gold sales in the quarter and 4% higher AISC on an absolute basis."

    Looking forward WAF should have a MC of $4 Bil+ within 18mths.
 
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