WAF 1.52% $1.50 west african resources limited

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  1. 11,185 Posts.
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    "Can’t see any share price growth potential. No catalysts."

    First gold Q3 2019.

    275,000oz production in year 1 with AISC of US$551 for years 1 to 5.

    No catalysts..............lol

    High grade mineralisation intersected ([email protected]/t) in deep exploration drill hole at a down hole depth of 862m, which is 220m vertically below the current ore reserve........"can't see any share price growth potential"...........lol.

    Sanbrado's M1 deposit is in the top 10 highest grade gold deposits in the world.

    https://hotcopper.com.au/threads/fo...4338513/page-35?post_id=35311085#.XIyasho_WhA

    "A small mine".............lol

    Current JORC resource at Sanbrado of 2,900,100oz to be upgraded very soon as part of the optimised DFS.

    2.9Moz is only 0.3Mozs away from Singer's threshold for classification of a "world class" gold deposit (see page 7 of this BHP presentation). Once infill drilling is completed Sanbrado is very likely to be able to be described as world class based on established industry definitions.

    https://www.bhp.com/~/media/bhp/documents/investors/reports/2006/amecconference.pdf

    Once again if you are going to post rubbish you are better to do it with disclaimer indicating you don't know what you are talking about. Esh
 
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