WAF 0.84% $1.49 west african resources limited

Ann: Quarterly Activities Report, page-18

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    Would've thought that more likely to be the resource update (trading halts are often used for major resource updates).

    Even if they wanted some more cash for drilling, it doesn't make sense for them to do a capital raising just before the defining moment for the company that should massively improve the fundamentals.

    The stronger language around feasibility in the presentations has also suggested a resource update/DFS updatewas imminent rather than waiting til the back end of Q2.
 
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