It is all explained in today's presentation/report. Since the BF govt has a free carried interest of 10%, WAF's interest is 90%. I think there is a tax free period of 5 years to enable companies to recover their capital costs. So most of the operating surplus in those 5 years are WAFs (except for what they have to repay to lenders).
After 5 years production continues for another 6 years but well below the 210k pa in the initial 5 years, and I suppose there will be very little money being made subsequently at the current gold price, unless they can find a lot more high grade ore to blend with the 1.3 g/t ore from the main pit to substantially raise the average milling ore grade.
loki
Ann: WAF confirms Sanbrado as 200koz gold producer by 2020, page-23
-
- There are more pages in this discussion • 92 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WAF (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| WAF (ASX) Chart |
