WAF 0.00% $1.52 west african resources limited

I could be wrong but I can't see them spending too much money on...

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  1. 521 Posts.
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    I could be wrong but I can't see them spending too much money on exploration. They will probably decide to keep cash for other things like wages and the further development and security of sanbrado, just in case they need to access more funds. Exploration is expensive especially if its virgin ground and that is most likely to be a bigger risk for them.

    They seem better off drilling around sanbrado to further increase value, obviously at a sallow depths. it makes more sense to me because construction is just around the corner. it would be awesome if they do regional drilling and they did hit another great target to add ounces to sanbrado but like I said I think it's best to focus on plan A.


    e.g. At northern star we pay 150-200 per metre for dIamond core(i think) I can't remember the numbers on the sheet. obvIously they own majority of there own rigs so costs would be dIfferent among other thIngs lIke rates In dIfferent country .

    Im sure If they own any aircore or rc rIgs tho.
 
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