WAF 0.00% $1.50 west african resources limited

Ann: WAF hits extensive visible gold in 1km hole at M1 South, page-49

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  1. 11,185 Posts.
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    211kozs was an average over 5 years and beyond 5 years the FS plan shows only between 50koz and 100kozs out to 11 years at present (according to page 11 of the August 2018 D&D presentation).

    https://www.westafricanresources.com/wp-content/uploads/2018/08/02006957.pdf

    Where did you get the 133koz for the remainder from?

    I’m just trying to be conservative. 7.5 years at 200kozs/annum average is good going for a start, if that can be stretched to 11 years then even better. Surely in that time anyone who owns this operation will be bringing in more low grade ore from around the district and the high grade feed could go for longer than 11 years if M1 goes deep enough or M5 deeps works out. Esh
 
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