WAF west african resources limited

December Quarter Production?

  1. 5,444 Posts.
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    Richard Hyde said at the D&D that the Dec Q production would be MUCH BETTER than the 45k oz in September. And they were on the way to a 300k oz annual production.

    I guestimate therefore that the Dec Q production could be as high as 75k oz. At a likely average US$ selling price of say US$1800.

    So gross revenue for the Q say US$135m. And a therefore a lot of spare cash.

    This should be the moment the market says - WHOA!
 
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