WAF west african resources limited

Africa still the focus. Interesting March 23 quarter from PRU...

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    Africa still the focus. Interesting March 23 quarter from PRU today,what can we make out of this? M&A? A cashed up PRU looking for more growth in Africa ? 24 % of PRU next 3 years production hedged @ $usd1900.00 p/Oz approx,aisc $1100.00 approx ,$usd 800.00 margin approx,
    WAF has no hedge with these numbers currently,POG $usd2005.00 Oz aisc $usd 1100.00 approx = margin $usd905.00 p/Oz.approx ,just my opinion what do l know, go WAF,
    DYOR please.

    ”Perseus finished the quarter with US$471m in the bank, a US$66m increase in cash and bullion over the past three months, and recently upsized a corporate credit facility to US$300m to provide liquidity for future M & A.”

 
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