WAF 3.36% $1.44 west african resources limited

Ann: Trading Halt, page-24

  1. 78 Posts.
    I'm not sure where Burkina is with contractors, but countries around them make it almost impossible for western contractors to operate.
    They also eliminate a reasonable portion of an 18% VAT receivable they'll never be able to collect. I'd assume if they buy the equipment they'll be exonerated on the initial capital, but they wouldn't be on a contractor's depreciation.

 
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