WAF 3.32% $1.31 west african resources limited

Ann: WAF to Acquire 1.1Moz Toega Gold Deposit from B2Gold, page-44

  1. 400 Posts.
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    what a great and cheap aquisition ... this will longer the minelife several years and grades from year 4 will go up (depends on mineplan) ... and all this without expensive drilling ... the seconod value driver will be M1 Underground and maybe another near mine discouverie.. int he meantime WAF will paqy down debt ... down the road the will aquire a second project and grow to a mid trier like Teranga or Perseus... SP will move to 1 AUD very quickly becvause some more isk-off here and managemeant is anti-dilition
 
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