WAF will have the cash to pay off the debt in good time. Also, they are unhedged.
Id say management will use the next 12 months to drill and drill more. After 12 months or so, they will have a handle on their next move knowing more about what they have in regards to deposits around the nearby area and with Toega deposit - should have a plan on mining/recovery that maintains output at 300koz/yr and then pay off debt and drill and expand. THat is getting into 2022 imho and a lot can happen between now and then.
"Dont eat the spudomene.
WAF $2.00 Party - You're all invited!, page-763
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Last
$1.61 |
Change
0.000(0.00%) |
Mkt cap ! $1.654B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.64 | $1.59 | $3.399M | 2.113M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5508 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 126757 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WAF (ASX) Chart |