WAF 0.19% $1.33 west african resources limited

Thought about doing the same eshmun but decided to wait for the...

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    Thought about doing the same eshmun but decided to wait for the Feasibility Study (already have too many shares). Hard to find any fundamental gremlins here that would explain the share price fall. As I said the other day the feasibility study numbers would likely have been well telegraphed to the big investors in the capital raising.

    Last year's feasibility study outcomes frankly meaningless now loki (aside from some of the open pit and processing plant/infrastructure capex numbers). The AISC for the underground are likely very low and they actually make the costs for the open pit lower too due to reduced stripping (portions of previous open pit will be extracted from the underground).
 
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