At this stage WAF is the best gold play on the ASX..
Profitability ia already proven..At a minimum 30k oz a quarter
Plant already proven...even without a commercial production announcement
Upside is to produce at DFS rate.....75k oz plus per quarter...
Future upside is possiblity of going deeper underground
to keep the higher grade being mined.
I think if they can get one quarter at 75k plus oz the SP will hit $1.50..
If this countines for a couple of quarters then $2 will be hit..
From there it will be if the underground expands its future mine life..
If it drops back to 50k oz a quarter then the SP will fall..
We must remember the market overreacts....so it could go ballistic
and hit $3
Cheers
At this stage WAF is the best gold play on the ASX.....
Add WAF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.44 |
Change
-0.050(3.36%) |
Mkt cap ! $1.637B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.45 | $1.42 | $3.905M | 2.715M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 54005 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 156964 | 6 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |