Yeah I think this is a critical mass thing and may give WAF an inadvertent and somewhat perverse advantage provided things don't get out of hand.
Because I do think that if you are producing a cashflow you can organise your security and it becomes just part of the cost of doing business.
But as an explorer you take that security risk, add it to the risk of exploration generally, then factor in that the reward is not as great. You can actually see this in WAFs current mkt cap.. it's just a joke really.. why bother, there are many places to explore...
The advantage for WAF is that they will be right in the sweet spot for exploration tenements as they come up and will really be in the loop as to how the security situation is evolving.. A good signal of improving B.F domestic situation could well be these producers picking up exploration tenements on the cheap
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Yeah I think this is a critical mass thing and may give WAF an...
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Last
$1.79 |
Change
-0.040(2.19%) |
Mkt cap ! $2.031B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.84 | $1.77 | $6.983M | 3.878M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27172 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 27378 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WAF (ASX) Chart |