WAF 2.19% $1.79 west african resources limited

What is management's best chance to get this stock to $2.00?, page-131

  1. 5,241 Posts.
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    Oh it’s It’s just what I hope is worst case average over 10 years. Mining from 1 kilometre underground isn’t cheap I’m led to believe so the tail end of the UG in theory will have higher opex. And also toega, while fantastic to beef out the ounces to plus 10 years, will take costs to develop ie ore strip etc.

    After covid dramas with staffing, cost overruns and underwhelming production, I think perhaps management will err on the side of caution going forward in the glossy presentations...

    full disc. I was a holder but got stopped out a few days ago. Gold price of low 1700’s isn’t going to be helping the sp on Monday.

    We are all salivating waiting for the new lom plan. Come on boys!!
 
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