WAF 3.96% $1.46 west african resources limited

Ann: 11m at 10.5 g/t and 6m at 24.4 g/t Au, deepest drilling M1S, page-13

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 521 Posts.
    lightbulb Created with Sketch. 42
    Perhaps, he did make a statement saying that the DFS was nearing completion. My guesses is that most of the money regarding that has been spent for it so shouldn't be much more, if I'm right but I'm not 100 percent sure. The important side of the drilling has been done in wake of the DFS so I guess they could just pick and choose which holes would be worth it. As for 2020, the project will need to show its potential and value before s decision can be made. The DFS is of major importance to the company in all ways from a project finance perspective to a potential takeover. I'm assuming that having a world class asset would make the financial side of things easyer but then again starting financing early could be an advantage also. Most of what I've said comes from the experienced persons of the WAF thread thus far as I've never been in this situation myself. In saying that I do understand the costs associated with drilling.
 
watchlist Created with Sketch. 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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.