Barring any geological anamolies (comparison to surrounding mines is that this a fairly simple mine), I probably won't be selling at that price, it all depends on what WAF is going to do with the asset; it's just my reassessment point.
G.P. will be the dominant factor at that stage, sometime next year. I'm not on the Trump hype, he can't do everything he's promised so some money should (as is currently happening) flow back into gold; and even if Trump does achieve major economic reform, it will be at the expense of China so Chinese money will be heading into gold to make up the slack so I don't subscribe to the few GP doomsayers out there.
Hopefully WAF will continue this nice smooth upward trajectory from here, less traders screwing with our patience when it's a nice slow rise!
Ann: WAF completes resource update drilling for Feasibility Study, page-17
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Last
$1.49 |
Change
0.013(0.84%) |
Mkt cap ! $1.866B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.51 | $1.49 | $1.791M | 1.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6635 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 50038 | 35 |
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| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| WAF (ASX) Chart |
