I agree with you that any debt analysis is embarrassing from the other guy .
WAF debt was to actually need them to build a mine to allow them to produced gold. And the debt will be paid very fast due to high margin as $POG is US$1900 when DFS was based on US$1500.
The only valid negative is that WAF have not produced gold at the level of the DFS.
However, remember WAF have just started production Gold a few months ago. While I disagree with that view but at least it’s a valid reason. Any arguments about high debts is just embarrassing.
I agree with you that any debt analysis is embarrassing from the...
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Last
$1.68 |
Change
-0.025(1.47%) |
Mkt cap ! $1.920B | |||
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