WAF 2.93% $1.49 west african resources limited

Ann: WAF intercepts 9.5m at 81.9 g/t gold outside reserves at M1S, page-22

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  1. 12,129 Posts.
    lightbulb Created with Sketch. 6935
    Hey Dwu,
    Whilst I would love to see WAF produce that much gold from Sanbrado in year... biggrin.png
    I think it more realistic that WAF might... be aiming for producing something similar by perhaps 2027 (for it's combined mining operations).
    Especially if WAF can continue to prove up more ounces U/G at Sanbrado. In the back of my mind, I also wonder... if, big if at this stage.
    WAF is able to discover more ounces around Sanbrado, that some of Toega's ore could go south to Kiaka, almost double the grade, plus.. Toega has a lot of ounces outside the mine plan that could potentially be profitable at Kiaka (huge mill), versus Sanbrado. But... that is a fair way off into the future.
    It would also be interesting to know if there are any stranded assets around Kiaka that WAF could acquire on the cheap, as again, grades would not have to be very high to be able to justify displacing Kiaka low grade ore (though Kiaka's stripping ration is hard to beat).

    Though when I look at the map, Toega is actually a potential feeder for both Sanbrado, Kiaka and... if we later see further consolidation, Bombore too.
    Toega really was a very strategic purchase for WAF.

    https://hotcopper.com.au/data/attachments/6034/6034887-6ec6f9c2b055fa749edf26a6b5d81523.jpg

 
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