WAF 3.96% $1.46 west african resources limited

Ann: Quarterly Activities Report, page-4

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  1. 521 Posts.
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    Your right it doesn't improve share price but it is required for the underground DFS, if a buyer wants to acquire sanbrado, they are going to look at the project economics in detail. Increasing the resource is important but the economics are just as much whether or not there is a buyer, it is just as important for development purposes if WAF tend to develop and produce sanbrado themselves. Who knows what they are doing, after infill drilling they are better off drilling somewhere else and just leaving one or two rigs to drill m1. Either way they are rushing and not giving themselves enough time to drill sanbrado properly. Either way however it's still worth a lot of money.
 
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Last
$1.46
Change
-0.060(3.96%)
Mkt cap ! $1.866B
Open High Low Value Volume
$1.52 $1.52 $1.45 $3.995M 2.715M

Buyers (Bids)

No. Vol. Price($)
4 54405 $1.46
 

Sellers (Offers)

Price($) Vol. No.
$1.47 26146 2
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