As per @hboy comment, I think the security risk has already been priced in.
Furthermore, the Government holds10% in WAF, which gives the Government an extra incentive to ensure WAF produces gold and becomes successful.
Also remember if there is an attack, the gold doesn't just disappear, it's still there in the ground.
The attackers can't simply go the the Sanbrado Mine and take the gold, it's in the ground and needs to be produced.
It's not like the attackers can go to a bank and take the money out of the bank, the gold takes time to produce.
Therefore, unless the attackers purposely bring explosives etc to blow up the gold mine and while there will be a dip in the share price, the Government will bring in the army.
Also I'd say an attack at the market is different to an attack on a Gold Mine.
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What do people know about WAF's security arrangements?, page-4
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Last
$2.26 |
Change
-0.060(2.59%) |
Mkt cap ! $2.576B |
Open | High | Low | Value | Volume |
$2.35 | $2.37 | $2.25 | $6.361M | 2.789M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6972 | $2.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.28 | 66073 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 11150 | 2.250 |
3 | 25915 | 2.240 |
3 | 12650 | 2.230 |
1 | 440 | 2.210 |
16 | 48784 | 2.200 |
Price($) | Vol. | No. |
---|---|---|
2.280 | 15321 | 1 |
2.300 | 11000 | 1 |
2.320 | 25000 | 2 |
2.360 | 13428 | 2 |
2.370 | 23301 | 2 |
Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
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VIRIDIS MINING AND MINERALS LIMITED
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