Wagner is filling up terrorist body bags, that should help WAF,...

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Jrowl1

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24/03/23

19:47

Post #: 66950670
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Originally posted by Fangk: ↑

I think you hit the nail on the head. Popular long term low fixed rates mortgage - that's many people believed low rate would be the norm in the past years. It's basically a gamble between the mortgagees and the banks. Once people lock in those long term low rates contracts, most banks at the peer sides are doomed when FED hikes the rates recklessly.

WAF's current situation is more than profitability consideration. It's essentially the negative sentiment about geopolotics, which has now set. Who would know an unhedge gold producer benefits the least in POG rampage run-up? Even RSG's market cap is closing to WAF's now. LOL
Mate, your point regarding Kiaka is weird, probably the word aburd is more appropriate. Sorry to be blunt. But on what basis do you think this project is bad? You better write down a list and compare the cons and pros of developing this project.

However, probably RH could consider postponing Kiaka finance several more months. It's more than likely gold investment sentiment gets higher and rates gets lower. At the mean time, just use Sanbrado cashflow to fund the early stage, and we'll need smaller finance package as well.

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Wagner is filling up terrorist body bags, that should help WAF, WAF should have been the lead horse goldie at $1.50+ now but something happened and it's behind now, but WAF the black horse can still win the day with these positive developments in BF.

WAF Price at posting: 97.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

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