Our Guy le Page has noticed a few rumblings in West Africa this year, with the recent Wagner-backed coup d’etat in Niger not making life any easier in the region.
There have been some security concerns in Burkina Faso, but this hasn’t stopped West African Resources (ASX:WAF), chaired by regular NextGen gym goer Richard Hyde, from powering on at its Sabrado Gold Mine.
Some recent USD strength and political instability have seen a sell-down in WAF from just over $1.40 down to around 79 cents per share.
Macquarie Research, however, has a some-of-parts valuation of $1/60/share which Guy wouldn’t disagree with
DYOR please
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Last
$2.20 |
Change
0.000(0.00%) |
Mkt cap ! $2.507B | |||
| Open | High | Low | Value | Volume |
| $2.26 | $2.26 | $2.20 | $9.934M | 4.472M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 62873 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.22 | 80286 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| WAF (ASX) Chart |