Wagner African Resources.
Jan 2022
https://www.thedailybeast.com/burkina-faso-president-ousted-after-refusing-to-pay-wagner-mercenaries
July 2022
https://foreignpolicy.com/2022/07/27/burkina-faso-russia-wagner-group/
If you believe the macro trend of energy/gold/food becoming the new currencies as fiat wobbles, it might be less about gains and more about protecting what capital we have left.
I sold my position in WAF a few weeks ago, the PE, the cashflow, none of it has any value if WAF can’t operate or get the gold out. I used that cash to buy actual gold.
If this was like any of their recent half dozen coups since ‘88, I wouldn’t be worried but the Russian backdrop was the trigger for me.
Wagner African Resources.Jan...
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$1.61 |
Change
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Mkt cap ! $1.654B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.64 | $1.59 | $3.399M | 2.113M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5508 | $1.60 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 126757 | 6 |
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