WAF 3.86% $1.48 west african resources limited

If I calculated correctly, at the current market valuation with...

  1. 528 Posts.
    lightbulb Created with Sketch. 148
    If I calculated correctly, at the current market valuation with 132000 ounces gold production, we have a PE of 8 means 12.5% return each year whereas 80% of the government bonds yield less than 1%. The Market is strongly manipulated but they can't do that forever.
 
watchlist Created with Sketch. Add WAF (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.