WAF 1.01% $1.50 west african resources limited

Ann: Capital Raising Presentation December 2018, page-21

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  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    “no way for brokers to get their teeth into the company, or any other entity for that matter, except on the market.....”

    @speculator101

    They don’t need to get their teeth into this anymore, the damage has all been done here!! They have bitten through the surfer and his surf board and left a gaping hole with blood filling the water. The takeover sharks are next having sensed the blood. There will be very little left for the poor school fish that are learning another bloody lesson today.

    The US$200 million debt facility was more than enough to fund the pre-production capital spend (including contingencies). The equity is just the surfer getting killed and eaten in the water. Esh
 
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