WAF 5.42% $1.51 west african resources limited

WAF $2.00 Party - You're all invited!, page-106

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    I will let Excel do the maths for me.
    AISC80014008001400
    1POG1900190026002600
    2Margin110050018001200
    3Margin Increase

    63.6%140.0%

    I guess that you thought wrong after all. Perhaps you missed the fact that I referred to "percentage increase" and not absolute profit. If one company increases its margin at 64% while another increases at 140%, then all things being equal, which SP would you expect to increase with the greatest percentage?
 
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