WAF 1.52% $1.50 west african resources limited

Ann: Share Purchase Plan Offer Document, page-119

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  1. 26 Posts.
    lightbulb Created with Sketch. 5
    This thread has really run its course but before I tune out can I ask for comments on two questions?

    1. Richard Hyde, still a young man, presumably wants a career after WAF so is his collusion/submission/alliance with the banksters/squid/etc alluded to by some REALLY in his best long term interest, and if so, how? Would any of us throw their reputation under a bus in the small environment of gold speccies?

    2. All the banks/investment firms etc who have seen their share allocation balloon will definitely want some return. Preferable soon and preferably large. This is not just an exercise for them in loss making fun. Please explain just how they will make money if they are, as some claim, just driving DOWN the price?

    Those asserting a doomsday scenario may be right or wrong. I don't know. We do know what has happened, but these questions I posed are still bothering me. I can't reconcile what has happened with any kind of money making desire without thinking it might be a strategy which maybe only 20% complete. Surely, surely, if there is a grand plan, then at some point the share price needs to go north - or there's no point at all for the project.

    SB
 
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$1.50
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20 8800 $1.50
 

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Price($) Vol. No.
$1.51 26548 14
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