Yes, I am counting on the African leadership to behave in a very African leadership way. But I fully accept your points as the more typical expectations.
What I am scouring the web for, but haven't found is what shape the ministers are in. Testing positive is one thing, becoming extremely ill or worse another. It's a better than 95% chance they'll be minimally affected accounting for age and wealth. Purely speculative, of course. But at thsi valuation, I believe a good bet.
With first pour and exceeding nameplate production, WAF is currently a revenue earning and profitable company, awaiting confirmation from the quarterly, barring as you outline risk to production halts.
Ann: West African Resources Pours First Gold at Sanbrado, page-111
Add WAF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.45 |
Change
0.065(4.71%) |
Mkt cap ! $1.646B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.46 | $1.40 | $7.867M | 5.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 95028 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 36100 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WAF (ASX) Chart |