WAF 0.84% $1.49 west african resources limited

You realise WAF isn't a miner right? Impatience will only lead...

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  1. 2,013 Posts.
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    You realise WAF isn't a miner right?

    Impatience will only lead to bad decisions. Better to think time/risk/reward and if your time expectations aren't consistent with risk/reward - wrong stock.

    WAF is working towards a reserve valuation that two markets (stock market and mining market), will then be analysing themselves and speculating on what premiums exist to come up with a range of values. If the mining market believes the stock market has under or fairly valued the reserve they'll buy the company, else they'll buy just the mine or farm-it-in.

    Those valuations by the mining market then need time to become agreements.

    I'm in this because because I believe those valuations by mining companies are gonna be BIG (reasons I outlined previously). At any point where I believe risk exceeds current valuation, or S.P. exceeds mining valuation by too much I'll be out. As long as you believe there's value, waiting is what it's all about.

 
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Last
$1.49
Change
0.013(0.84%)
Mkt cap ! $1.866B
Open High Low Value Volume
$1.50 $1.51 $1.49 $1.791M 1.196M

Buyers (Bids)

No. Vol. Price($)
4 6635 $1.49
 

Sellers (Offers)

Price($) Vol. No.
$1.50 50038 35
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Last trade - 12.39pm 04/12/2024 (20 minute delay) ?
WAF (ASX) Chart
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