FS looks reasonably strong. Pity about the number of shares on issue and the likelihood that they will need to raise another $50-80m via a CR to fund to production, thereby probably issuing another 150-230m shares.
Probably more upside once they issue their bankable feasibility study.
Bought some shares at 34 cents. May buy more if it drops back. I guess the upside is to around 50-65 cents one fine day, unless they come up with a lot more high grade ounces.
GLA.
loki
Ann: WAF confirms Sanbrado as 200koz gold producer by 2020, page-12
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Last
$1.46 |
Change
-0.060(3.96%) |
Mkt cap ! $1.866B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.52 | $1.45 | $3.995M | 2.715M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 54405 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 26146 | 2 |
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| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| WAF (ASX) Chart |
