WAF 3.96% $1.46 west african resources limited

Great summaries gbgirl, thx for links. Those summaries put M1...

  1. 2,013 Posts.
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    Great summaries gbgirl, thx for links.

    Those summaries put M1 alone at double the current NPV valuation, based on economies of scale assuming zero additionl processing/above.g.infra CapEx related to expanded reserve BUT NOT counting the expected discounted OpEx from UG I have spoken often about (triple/quadruple...?).

    That's with the reserve definition incomplete AND not counting M3 or M5. AND... we have other unexplored areas that are not even being assessed, for obvious reasons. It's gonna be a great 2017 (on paper ... cause madness to sell IMHO and I have FOMO for trading out and in of this baby, (last year it popped 22c to 40c + over 3 days before Cannacord took their early exploration profits and set us back 6 mths)
 
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