WAF 3.96% $1.46 west african resources limited

WAF is ticking all the boxes but is being largely ignored in my...

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  1. Bik
    222 Posts.
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    WAF is ticking all the boxes but is being largely ignored in my opinion. Next quarter could be a company maker for WAF due to "Significantly improved Feasibility Study due for completion". 2 items from the report that I liked are:
    *  "...there is a high likelihood that the underground mine life at M1 South will be extended
    beyond what will be outlined in the upcoming Feasibility Study and that drilling at depth remains a high​
    priority in the Company’s exploration strategy."
    *  "Work on the updated Feasibility Study is nearing completion and will incorporate over 300 vertical metres
    of additional high-grade mineralisation, concurrent open pit and underground mining. This is designed to
    bring forward cashflow over the early years of the project life and improved metallurgical recoveries. The​
    updated study will be a significant improvement over the February 2017 open-pit feasibility study."
    I'm predicting that investor interest will increase as the feasibility report gets closer to completion. In the meantime, the current lull in the share price could be an amazing opportunity to get set/increase holdings before the next major move IMHO.
 
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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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Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
WAF (ASX) Chart
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