WAF 1.01% $1.50 west african resources limited

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  1. 5,127 Posts.
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    Uhhhh.. Because WAF have proven their LOM AISC to be $640 oz they will be fine. Literally less than half of what Anglo walked away from. Thats why the company can get a legit finance deal and not resort to Magna.

    Also, that debt deal is really good. You'd much rather debt than a far higher equity component and that rate is pretty damn attractive, especially for Africa.
 
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