WAF 1.01% $1.50 west african resources limited

Ann: Capital Raising Presentation December 2018, page-14

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  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    Yeah, but 25 cents!!!!!

    This says to me the board is not in control, the leaches are, and once you have leaches attached they just gorge until they are burnt off.

    This now becomes bottom draw for me and all hope that they can manage the construction processes without fault and start producing gold to burn these leaches off our backs. If they fail to deliver on construction we are stuffed because the share price isn’t going anywhere with this deal hanging over our heads until the gold is being profitably poured IMO.

    I’m not putting another cent of my money with these guys until they have paided back what I’ve already put them with. They can drill another dozen outstanding holes and I’m not going to reach for the buy button until they have the share price moving in the right direction. Very disappointed. Have lost trust in Richard now, the smiling assassin.

    Changed my sentiment from buy to hold and it’s going to be a long hold IMO, unless the takeover comes and we have to endure the final humiliation of having the asset taken from us at a massive discount. Pathetic. Esh
 
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$1.50
Change
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2 12485 $1.49
 

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Price($) Vol. No.
$1.50 132100 7
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