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$1.44 west african resources limited

Ann: WAF intercepts 9.5m at 81.9 g/t gold outside reserves at M1S, page-27

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gbgirl

5,227 Posts.

1495

18/03/24

14:43

Post #: 72942468
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Originally posted by nordesmic ↑

Other thing to keep in mind is that there is expansion planned for the Bombore processing plant. That will allow it to treat an additional 4.4Mtpa (nameplate) of sulphide ore. The expansion isn't financed currently but will eventually happen I think.

It was a little strange that the MV3 deposit was deferred for so long in the mine plan. Being displaced by higher margin tonnes from M1S underground didn't make sense since the grades aren't comparable.

I wonder if economically in the long term it might make more sense to truck MV3 to a bigger mill at Bombore. Sanbrado is slightly closer, although the haul road infrastructure will be more developed around Bombore (lots of pits).

The lack of further word from WAF or Orezone about the cooperation MOU and anything to do with power supply is suspicious. Merger behind the scenes perhaps being worked on. Then eventually merge the whole complex into a bigger producer to dilute risk.

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can you please explain the cost for the build to treat that SULPHIDE ORE !?!

WAF Price at posting: $1.01 Sentiment: Buy Disclosure: Not Held
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Last $1.44		Change -0.015(1.03%)		Mkt cap ! $1.474B

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