WAF 0.00% $1.61 west african resources limited

Ann: Quarterly Activities Report, page-2

  1. 11,732 Posts.
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    WAF are simple a well run gold producer.
    A great read (first glance.
    Everything going to plan.
    Debt drawn down (initial $100m USD).
    Spent $50m on Kiaka.
    Sanbrado humming. Added 25% to their stockpiles as a bonus.

    Guidance for CY24 will be less than CY23 (they have been very open and clear about that).
    I am assuming something 190k-210k at an AISC of $1300.
    Then... 2025 is going to see WAF move up a notch.

    Interesting little statement at the end of this paragraph. I assume it might be do with Orezone (or... WAF picking up another early development project).

    https://hotcopper.com.au/data/attachments/5909/5909793-5c6bed46eba074fd274d18d0f8b3fc5e.jpg
    Either way, well done to the whole WAF team. Good operators mean they are doing right by the sector and the local population.
 
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