WAF west african resources limited

Well done to the whole WAF team.Add an extra year of life to...

  1. 12,621 Posts.
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    Well done to the whole WAF team.
    Add an extra year of life to Sanbrado overall (due to displacement of lower grade ore), with the bonus of increasing production by 25k+ p.a.
    $20m pre-production capex is very light too.

    https://hotcopper.com.au/data/attachments/5814/5814384-3cfc22ee0f37a45256d051f90853f435.jpg

    https://hotcopper.com.au/data/attachments/5814/5814394-5395013ab087162104d6901855503e21.jpg

    Also looks very likely they will be able to extend the mine life.... to match Sanbrado's LOM.

    Could see first ore late next year.

    https://hotcopper.com.au/data/attachments/5814/5814408-7fa105e364dd662413c9bb58d1c056ef.jpg

    Finally.... this is just the first of what could be multiple lower grade U/G ops within the M5 pit envelope.

    https://hotcopper.com.au/data/attachments/5814/5814424-af8c42d2a2ed64e4301c19e34a42000b.jpg

    Oh, and the benefits of having multiple U/G ops seems pretty clear.

    https://hotcopper.com.au/data/attachments/5814/5814432-a54507d1670363b4a7c7da5a18e4287e.jpg

    One day... WAF will see a proper rerate...
 
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