Re WAF,how many bankers have queued upto finance Kiaka? Sprott CP wrote (26/4/23 ) the aisc of $1175.00 is coming down by approx 9% capital needed to fund Kiaka maybe be less the $usd300 million,pay back may be quicker,so rate less of a concern,unhedged doubling of production to 400k + if WAF and the POG turn out well could be very beneficial to the SP,the POG fluctuating between $usd2050- and to today $usd1955 per ounce,l suspect without evidence of course is it’s being manipulated compared to PRU (who incidentally wrote they are very cashed up and looking for assets in the West African region which l think they said they prefer.53 out of 56 brokers on the Sprott CP article of the 26/4/23 have WAF as BUY,7 out 8 brokers on Market Index 1/5/23 have WAF as a strong BUY,all this is my opinion and is not advice please DYOR
WAF Price at posting:
86.8¢ Sentiment: Hold Disclosure: Held
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