WAF 7.21% $1.71 west african resources limited

Bought more today. 14 months away from a material jump in gold...

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  1. 469 Posts.
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    Bought more today. 14 months away from a material jump in gold production and the market has not priced any of it in.
    Richard Hyde is a great mine manager but a crappy CEO. Asked on the call about Burkina Faso jurisdiction issues and rather than allaying concerns and taking the opportunity to talk up the their current smooth mining operations within the region and confirm that mining was not impact by any political issues he just said "look at our track record". Mate!! Investors don't care about the past - they are interested in the future so for goodness sake alleviate some fear and improve sentiment by talking up the area and mine operations rather than just dismissing it and asking investors to rely on your past track record. A CEO with a better grasp of investor communication could get this share price up by 30% in a month IMO.

    July 1st 2025 was stated a number of times in the preso as the production commencement date for Kiaka.

    Last edited by mmac22: 28/02/24
 
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