WAF west african resources limited

Ann: Quarterly Activities Report, page-7

  1. 12,542 Posts.
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    Could not have said it better Joel.
    So impressed to them still build cash, whilst already starting early works on Kiaka. $27m spent on capex alone.

    https://hotcopper.com.au/data/attachments/5225/5225679-b2cc0ddad4501fd819e54980f30f48f3.jpg

    What I also found very positive, is the lack of inflation being seen for the build. Perhaps that tied in with the high POG has led to WAF not looking at such a large debt facility.

    https://hotcopper.com.au/data/attachments/5225/5225676-47657772af4669d8e9fd8c13182af75a.jpg

    Looks like the economics are continuing to improve... 2.5 years payback excluding Sanbrado.

    https://hotcopper.com.au/data/attachments/5225/5225681-ee5e8598a93662662fe55fb63d4b22fc.jpg

    Might be almost time for WAF to pick up another project to build, with a 2-3 year timeframe to construction! rolleyes.png
 
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