WAF west african resources limited

Q3 gold production: 47,799 oz at AISC of US$1,296/oz Q3...

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    Q3 gold production: 47,799 oz at AISC of US$1,296/oz
     Q3 unhedged gold sales: 49,643 oz at average price of US$2,493/oz
     Q3 cash flow from operating activities: A$59m after A$18m of income tax payments
     Year to date gold production was 155,443 oz at AISC of US$1,248/oz and WAF is on-track to achieve the
    upper end of 2024 unhedged gold production guidance of 190,000 – 210,000 oz at <US$1,300/oz1
    AISC
     A$430m cash balance and A$34m unsold gold bullion held at end of Q3

    Highlights from last qtrly report when Share price was $1.70. Since then Gold price has averaged about US$2650. If average sale prices is around US$2600 for this qtr, Cash flow should be close to A$70Mill after tax payments. Screaming buy at current price!

    At current market cap $1.7Bill, there is seemingly no value being attributed to Kiaka and first gold production within 6-9months!

    Latest pullback seems to have more to do with west africa issues (RSG) rather than gold price.
 
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Last
$2.22
Change
0.000(0.00%)
Mkt cap ! $2.530B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 96111 $2.45
 

Sellers (Offers)

Price($) Vol. No.
$2.04 157765 1
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Last trade - 09.55am 19/06/2025 (20 minute delay) ?
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