WAF 1.65% $1.79 west african resources limited

Reduced dilution - true. What I am saying is that I think the...

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    Reduced dilution - true. What I am saying is that I think the market will discount WAF until its debt ratio is reduced or eliminated. If the POG keeps climbing, then as an unhedged producer with estimated production going forward of 300Koz and a low AISC of A$822/oz that should be reasonably quick. However, the debt which is over $304M at 30 June will take some time to eliminate, all the same.
 
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