I see this very positive in the context of the general regional "uncertainty", perhaps even mature from the BF govt.
they clearly like the fact that these companies can deliver revenue to the government, so much so that they
(a) locked it in; and
(b) increased the rate.
as a shareholder it takes away the question of whether the government is interested in the sector, whether they will be unpredictable etc...
Ann: Increase to Gold Royalty Rates in Burkina Faso, page-6
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Last
$1.45 |
Change
0.065(4.71%) |
Mkt cap ! $1.646B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.46 | $1.40 | $7.867M | 5.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 95028 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 36100 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WAF (ASX) Chart |