WAF 2.56% $1.20 west african resources limited

Other option for mine life extension is Toega owned by B2Gold....

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    Other option for mine life extension is Toega owned by B2Gold. Doesn’t seem like B2 are really developing that project with any great urgency. I’m not entirely sure why that is the case since Toega had a maiden resource of 1Moz at 2 g/t 18 months ago and B2 were quite aggressively moving ahead. Then they suddenly stopped focussing on the project. Maybe B2 decided Burkina Faso wasn’t a good fit or maybe they only ever planned on developing Toega if they were able to combine it with an acquisition of WAF on the cheap (opportunity seems to have past).

    If WAF keep on kicking goals and operating Sanbrado well then they might be the logical owner of Toega at some point down the track.
 
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