WAF west african resources limited

Not sure why WAF is priced this way. The NPV of the new mine is...

  1. 726 Posts.
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    Not sure why WAF is priced this way. The NPV of the new mine is about $1.3b, so it looks like the market is pricing this company at a massive discount.

    Management seem to be doing a great job. Look very professional, Sure some country risk, but show me where there is none. Ask the coal guys, Santos or BHP about country risk. The recent royalty raise, seemed very fair given the price of gold.

    WAF looks like a takeover target at these prices and given the shenanigans at TIE, nothing would surprise.

    GLTA.

    DYOR
 
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(20min delay)
Last
$2.37
Change
-0.025(1.05%)
Mkt cap ! $2.724B
Open High Low Value Volume
$2.38 $2.39 $2.33 $1.489M 630.2K

Buyers (Bids)

No. Vol. Price($)
14 27218 $2.36
 

Sellers (Offers)

Price($) Vol. No.
$2.37 57622 36
View Market Depth
Last trade - 10.42am 31/07/2025 (20 minute delay) ?
WAF (ASX) Chart
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