Would be great if someone could overlay any reported terrorism events, coups, etc. so we can see it on the chart.
My gut is there is a stronger correlation between those types of events and it impacting the share price for a couple of months before recovering (at least if there are not repeated events in that recovery period). Yes some correlation with the gold price, but I feel like the that pattern has been pretty consistent since I bought in 2013.
I think about WAF this way:
- gold price is pretty good.
- reserves are great.
- consistently meeting production guidance (no earnings shock).
- costs are stable.
If this mine was in Australia it would be worth a lot more. So it appears to me the geological risk weightings applied by analysts is what is stunting this share price. every time an event occurs (i.e. attack, coup etc) the analysts are validated in their risk rating and won't buy more.
I think what would make a difference is a few months of stability in the country PLUS a return to an elected government PLUS the US adding BF back to the duty free trade programme (which requires a constitutional government back in power).
hopefully that coincides with the production increase with new sites coming on board so we get a bit of a double re-rate...
- Forums
- ASX - By Stock
- Ann: WAF Resource, Reserve and 10 year production update 2023
WAF
west african resources limited
Add to My Watchlist
0.00%
!
$2.20

Would be great if someone could overlay any reported terrorism...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$2.20 |
Change
0.000(0.00%) |
Mkt cap ! $2.507B |
Open | High | Low | Value | Volume |
$2.26 | $2.26 | $2.20 | $9.934M | 4.472M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 62873 | $2.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.22 | 80286 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 62508 | 2.200 |
4 | 11061 | 2.180 |
2 | 608 | 2.160 |
3 | 5233 | 2.150 |
2 | 5186 | 2.120 |
Price($) | Vol. | No. |
---|---|---|
2.240 | 13500 | 2 |
2.270 | 17914 | 2 |
2.350 | 5300 | 2 |
2.360 | 5459 | 2 |
2.380 | 1050 | 1 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
Featured News
WAF (ASX) Chart |
The Watchlist
PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
SPONSORED BY The Market Online