WAF west african resources limited

Alot of people here are worried about the interest rate on the...

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    Alot of people here are worried about the interest rate on the debt for no reason imo. $300 mill usd borrowed at 12% for example vs the original sanbrado rate of 7.75% is only a $30 mil usd difference over 3 yr payback period. It only takes a $50 rise in the gold price to knock that out based on the 600,000 ounces kiaka would produce in those 3 years.
 
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