WAF 1.49% $1.49 west african resources limited

Mr Wilcox has been a high level hands on manager bringing into...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    Mr Wilcox has been a high level hands on manager bringing into commission at least 22Mt/annum of gold processing capacity, 12Mt of which are in Burkina Faso itself. It will be interesting to take some imo to look the performance of the previous projects he has been involved with. On face value I don’t think the company could have found a much better qualified indicidual.

    Many other ASX developers would just struggle along with self interested boards thinking they know what they are doing. We have seen the disaster that can be achieved using that mode of operation.

    I like the way this company is providing to be very adaptable when looking at the economics of this project. Scrapping the optimisation study bringing forward UG mining at M5 in favour of deepening the open pit slightY to capture more ounces shows that the company lets the numbers do the talking not their egos.

    Also increasing the power of the SAG and ball mills to push ore through the plant faster to a minimum feed rate of 2Mt/annum not only seems to be delivering cost saving but also signals to the market that this plant will have more capacity for the future to process satellite deposits that might be found and/or third party ores that might one day be acquired after the mine is built. Looking forward to see if the Digger and Dealers conference will stimulate some more interest in this company. If it doesn’t the attendants will be better staying in Kalgoorlie and getting plied drinks by the skimmpies for the rest of their lives because you’d need to be blind drunk not to see that this is the best early development project on ASX.

    DCN got a real fillip after the Diggers and Dealers in 2015 around about the time I first started singing their praises on Hot Copper at 48cents.

    The impatient certainly missed out on that one Goldpirate. Esh
 
watchlist Created with Sketch. Add WAF (ASX) to my watchlist
(20min delay)
Last
$1.49
Change
-0.023(1.49%)
Mkt cap ! $1.866B
Open High Low Value Volume
$1.52 $1.52 $1.48 $392.5K 262.4K

Buyers (Bids)

No. Vol. Price($)
8 11954 $1.49
 

Sellers (Offers)

Price($) Vol. No.
$1.50 17834 10
View Market Depth
Last trade - 11.00am 02/12/2024 (20 minute delay) ?
WAF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.