WAF 1.01% $1.50 west african resources limited

Ann: Capital Raising Presentation December 2018, page-53

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  1. 11,185 Posts.
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    Not overreacting buddy.

    We don’t need the money so why offer it at this ridiculously discounted rate?

    I note you have not had much to say on WAF and are probably happy to jump in at these give away prices.

    I’ve been following the story and been investing and I expected better from this board to protect value.

    I don’t want a mine at any cost. Leave the gold in the ground until the price is right IMO.

    This will be taken over very cheaply and the price has been manilpited down against ever improving resources, feasibilities and excellent drill results. Now they offer a discount to the bankster to this already low price for money which is not needed.

    We were basically at 21 cemts afetr the first feasibilty on the watered down low grade leach project and open pit before M1 was discovered. People cheering this on must really like getting bent over as I think the price could easily drift back down to the low 20 cent level with the banksters in control before we see the TO at between 30 and 40 cents. What a useless effort on behalf of small and existing shareholders.

    The share price is sliding down and out of control of these jokers. The TO will be the same comical farce for shareholders.

    As someone else said by the end of this joke we will be happy with 30- 35 cents.

    What a complete joke. Esh
 
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