WAF west african resources limited

Ann: WAF commences mining and crushing at Kiaka, page-6

  1. 11,144 Posts.
    lightbulb Created with Sketch. 643
    Excellent news being overshadowed by a crappy day for gold & Goldie’s market, but the usdpog is still over$3200/ounce. Waf is a money making machine at the current gold price and 2 operating mines. Capex will be much lower going forward, and the net debt could be eliminated by end of 2025 given waf is unhedged and more than doubling production.

    This is a buying opportunity, imo.

    Gla

    loki (hoping the pog does not fall below $2800)
 
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