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$1.48 west african resources limited

Thanks Slange, Appreciate you filling us in.

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Prisoner24601

2,284 Posts.

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10/01/19

20:19

Post #: 37085080
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Originally posted by slange: ↑

Just got off the phone with Richard Hyde.
The offtaker is Taurus which I didn't realize.Its all part of the finance package.
It goes some way to relieving me about a takeover and explains the lack of hedging.
It may in fact be a poison pill to prevent a take over,intentional or not.It would depend on how the contract with Taurus is worded.
According to Richard the project is ahead of schedule and is upbeat about the job ahead of the company (shouldn't be any surprise there).
My gut feel after talking to him is He seems okay.His manner was level all the way through and he didn't strike me as being shifty,arrogant,pompous,ignorant or indifferent.
To say he's a decent bloke is a bit beyond my knowledge but I'm more comfortable after talking to him than I was before
He had no real answer for the share price weakness but made an attempt to connect it to the bombed out Canadian market.
We'll just have to see how she goes.

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Thanks Slange,
Appreciate you filling us in.

WAF Price at posting: 23.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.48		Change -0.015(1.00%)		Mkt cap ! $1.866B

Open	High	Low	Value	Volume
$1.50	$1.51	$1.47	$4.533M	3.052M

Buyers (Bids)

No.	Vol.	Price($)
3	16973	$1.47

Sellers (Offers)

Price($)	Vol.	No.
$1.48	142850	10

View Market Depth

No.	Vol.	Price($)
1	3670	1.360
1	4785	1.355
4	42574	1.350
2	26140	1.345
1	4986	1.340

Price($)	Vol.	No.
1.370	46444	4
1.375	84504	4
1.380	66843	2
1.385	20785	3
1.390	109785	4

Last trade - 16.10pm 21/11/2024 (20 minute delay)

WAF (ASX) Chart