No I don’t think Richard wants another asset outside Burkina at this stage, he’s been clear they are going to bed Sanbrado in and concentrate on CASH flow plus exploration in Burkina.
If you look close at WAF it will be a cash cow, is unhedged, will have no debt soon, low AISC and has a tight management team. Just need the POG to hold around USD 1650 for a year or two.
I can see WAF with a second mine but I think it will be in Burkina as this has location advantages and I assume tax advantages too.
I have been interested to see the shorting and what this may lead to ?
Price Action, page-147
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Last
$1.42 |
Change
-0.040(2.75%) |
Mkt cap ! $1.454B | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.48 | $1.42 | $4.497M | 3.144M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 83756 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 54050 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |