WAF 3.36% $1.44 west african resources limited

Exit Strategy, page-115

  1. 184 Posts.
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    Too early to be talking about exit strategies for me...
    Waf is sitting pretty with insurance policies like an unhedged pog @$1700 with potential growth and an industry leading AISC of $600....either or both of these numbers could drop and Waf would still be an attractive proposition...
    It has imminent sp drivers like commercial production ann, confirmation of full year production and possible inclusion in gdxj...
    And it has potential growth with drilling planned at Toega scheduled for Q3 2020, CEO, Ricard Hyde, has also said he is ‘running the ruler over a few projects at the moment-I’d like to see waf as a 3-4 mine producer over the next 10 years’
    Way too much upside here....enjoy the ride folks
 
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