WAF 4.95% $1.54 west african resources limited

capital raising

  1. 7,502 Posts.
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    On more than one occasion the company has bragged about being fully funded for a certain amount of years of 200,000m per year of exploration drilling, starting with 3 years when the last capital raising was done (early last year?). Now, in common with so many small explorers, they are looking for more cash, presumably on the basis of needing to expedite work at Sartenga. From what I've seen announced so far Sartenga is not exactly high grade gold or copper, at this stage anyway. Frankly I'm not sorry I sold out of this one a while ago. Good luck to all holders, all the same.
 
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