As far as fekola is concerned, the Mali government is now a 20% holder of the output. But B2 has a big mortgage on the cash flow from the previous investment in fekola (700M).
The concern I have for WAF is that by signing an offtake agreement, they are essentially capping the speculation/profit potential if the POG should continue rising.
bottom line is still that the banksters still have this company by the short hairs, with the only out being a white knight takeover bid by B2 or someone else.
As far as fekola is concerned, the Mali government is now a 20%...
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Last
$1.50 |
Change
0.015(1.01%) |
Mkt cap ! $1.866B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.51 | $1.49 | $3.699M | 2.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12485 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 132100 | 7 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| WAF (ASX) Chart |
