I was just thinking last week that it was a good time for Richard to come out from behind the desk and address the goings-on in BF to soothe markets' jitters. He did a good job, IMO. The only query I have is at what interest rate can WAF borrow money to fund the new mine? 6%+ can look a bit risky and would likely dent the SP a bit if enacted due to increased risk.
I'm not as worried about sovereign risk as other are though. You can get worse problems in so-called safe havens like Canada with soaring labour costs and Covid absenteeism. West Africa is gelling up and getting together to shake off the old days of constant turmoil and I think the days of those Muslim gangsters are numbered.
I was just thinking last week that it was a good time for...
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Last
$1.46 |
Change
0.035(2.46%) |
Mkt cap ! $1.663B | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.48 | $1.45 | $4.835M | 3.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 136741 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 142183 | 28 |
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| Last trade - 14.40pm 12/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |