With Kaika coming online as early as next month, and WAF becoming a 420,000 oz producer very soon...IMO the SP will stabilise and rally hard and fast!
Our SP simply can't stay at this level for long with the massive gold production increase we're on the cusp of achieving!
Upping BF's cut by 5% is a positive in my books. It means they now get a cut they're happy with and should carry us thru for a solid 5 years till we need to renegotiate.
5 years is ages. By then we'll be so cashed up it'll be insane!
WAF are still one of the best run Gold Producers on the ASX and BF know that! (We win their miner of the year award on the regular).
Personally I think you'd be mad to sell now!
We're gonna be absolutely sh**t1ng cash very soon!
GLTAH!
WAF Price at posting:
$2.40 Sentiment: Buy Disclosure: Held
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