WAF 0.00% $1.59 west african resources limited

RSG $1.14GOR $1.81SLR $2.19WGX $2.34All the above are hedgedi...

  1. 2,427 Posts.
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    RSG $1.14
    GOR $1.81
    SLR $2.19
    WGX $2.34

    All the above are hedged

    i think that realistically there is a possibility to pay off the debt of US$200M in 1-2 years noting we have $65M right now. When that happens it makes me happy as seen some goldies have issues with money.

    Ideally, WAF holds $100M the working capital the to start paying the debt.

    There will be day traders who will annoy us but if WAF is the real deal then at bare minimum at least hold until SP is the same as GOR, SLR or WGX.

    But the way the world is right now, can only see goldies go up thus no exit strategy yet just happy to hold
 
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