Four reasons I like WAF at these prices, and am in heavily ( for...

Four reasons I like WAF at these prices, and am in heavily ( for me ).

1) Fundamental Valuations, whether using NAV, NPV or averaged buyout value all deliver SP between 50 and 68c. That's allowing this bottom of the cycle orphan period

2) The company appears to have dependable mg't with no prior shenanigans (a rarity in small African or Westralian start ups) who deliver dry, accurate updates like clockwork every 4-6 weeks. so I'm expecting the next 12 mths to deliver the story of a fully funded project moving towards production....i.e. av'ge 15%/month gains on a steady climb.
 
3) Instos currently fully loaded, for medium term it'll be retail stock, which means consistently, opportunities will appear for further cheap derisked buying, as valuation increases and retail misses first signs. Current sentiment by retail is, I believe, the first instance. 1st month's 15% nearly achieved. My vwap 22.5c.

4) Every further ounce of gold discovered goes straight to bottom line at POG-aisc. That's huge potential, essentially, additional reserves that are fractional increases add bags to my investment. And they appear highly LIKELY.

So I'm here for 3 bags on current reserve, with reasonable RvR expectation of 6 to 10 bags in 18 months.

IMHO only.