WAF 3.96% $1.46 west african resources limited

Hello All, Won't RH want to absolutely maximise the NPV of the...

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  1. 81 Posts.
    Hello All,

    Won't RH want to absolutely maximise the NPV of the project before he even THINKS of a t/o? I know I would!

    We talk of a possible t/o on HC but WAF have never mentioned it have they? Surely they're not going to give away value on this project? RH has said he has 4% of all shares or similar. That's a lot of money lost if he sells early to a producer. Is it more likely he'll initiate a JV or similar?

    We have a way to go before the next DFS is released, but all indications show a very large deposit here.
    The stock should attract more attention as time goes on and the SP should lift accordingly, one hopes.

    How would a t/o be structured and what are the implications for holder not wanting to sell?

    A lot of questions I know but the more learned minds herein might elaborate please?

    Scott
 
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