re: Ann: Sartenga Copper-Gold Discovery Strik... Friday's solid buying potentially a result of PCF Securities initiating coverage of WAF with a speculative buy rating, and price target or 45c. They based it on a valuation of 20c for Moktedu and 28c for Sartenga. This was the summary:
West African Resources has rapidly moved from green field exploration and target definition to advanced exploration with the imminent publication of maiden Resources at Moktedu and Sartenga. The company also has numerous exploration targets across its tenement holding which are planned to be drilled during the current drill season. The regional auger sampling planned this drill season for the Eastern portion of the Boulsa project has the potential to identify additional drill targets. The exploration strategy of using owner-operated rigs allows the company to conduct it exploration programs at a cost that minimises cash burn and is expected to lead to exceptionally low discovery costs. Based on the anticipated Maiden Resources at Sartenga and Moktedu is rated as a Speculative Buy with a price target of $0.45/sh.
re: Ann: Sartenga Copper-Gold Discovery Strik... Friday's solid...
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Last
$1.51 |
Change
0.045(3.08%) |
Mkt cap ! $1.546B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.51 | $1.47 | $18.09M | 12.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49177 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 90717 | 8 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| WAF (ASX) Chart |