WAF 3.86% $1.48 west african resources limited

WAF valuation, page-188

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    Greatest risk is further terrorist attacks in the capital city itself. There’s been 3 or 4 big ones over the past few years (although not in the past 12 months). And they’ve been serious ones too - eg armed assaults on military barracks & French consulate.

    Agree the current fighting / IEDs etc on the northern & eastern border regions seem unlikely to encroach on Sanbrado. But market sentiment may suffer if ‘terrorist activity’ continues, as demonstrated by comments of carmet and other low altitude flyers of her ilk
 
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