The revised feasibility study provides sound reasons for the CR, and I support the CR given the rising costs and higher govt take (via royalties and indirectly via govt controlled fuel costs doubling to around USD2/litre).
WAF will be a 480k ounce per annum producer within 2 years which should see the share price over $3.00 at the current gold price so long as the govt or rebels do not cause some more issues/costs. Of course the POG could provide some further unpside but that could be offset by higher costs.
Once Kiaka get into production I am hoping that WAF diversifies out of Burkino Faso.
GLA.
loki
The revised feasibility study provides sound reasons for the CR,...
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Last
$1.44 |
Change
-0.050(3.36%) |
Mkt cap ! $1.637B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.45 | $1.42 | $3.905M | 2.715M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 54005 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 156964 | 6 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |