WAF 1.01% $1.50 west african resources limited

Just a guess Nord, seeing they have operating 2 mines in BF and...

  1. 4,287 Posts.
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    Just a guess Nord, seeing they have operating 2 mines in BF and management stating, that they would like to be a 1million oz producer.

    Thus far, their pipe line and growth has been impressive. They are 200k off  1million oz, profile is looking like 800k by 2021, but WAF take over, would get them there, hence my guess. Either B2Gold or EDV would be straight script offer.

    Orezone is another contender for a takeover also in BF, TSX listed though. Could be a cheaper option, if they decided to go down that road.

    Looking forward to the updated DFS for WAF...




    https://hotcopper.com.au/data/attachments/1447/1447795-ba6b42c0489b53bbb439a6c29a49caca.jpg

 
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