WAF 1.94% $1.01 west african resources limited

Exit Strategy, page-2

  1. 1,136 Posts.
    lightbulb Created with Sketch. 23
    RSG $1.14
    GOR $1.81
    SLR $2.19
    WGX $2.34

    All the above are hedged

    i think that realistically there is a possibility to pay off the debt of US$200M in 1-2 years noting we have $65M right now. When that happens it makes me happy as seen some goldies have issues with money.

    Ideally, WAF holds $100M the working capital the to start paying the debt.

    There will be day traders who will annoy us but if WAF is the real deal then at bare minimum at least hold until SP is the same as GOR, SLR or WGX.

    But the way the world is right now, can only see goldies go up thus no exit strategy yet just happy to hold
watchlist Created with Sketch. Add WAF (ASX) to my watchlist
(20min delay)
Mkt cap ! $879.8M
Open High Low Value Volume
$1.03 $1.03 98.5¢ $4.260M 4.203M

Buyers (Bids)

No. Vol. Price($)
1 40612 $1.01

Sellers (Offers)

Price($) Vol. No.
$1.01 120495 3
View Market Depth
Last trade - 16.10pm 14/07/2020 (20 minute delay) ?
-0.020 ( 2.68 %)
Open High Low Volume
$1.02 $1.03 99.0¢ 438719
Last updated 15.59pm 14/07/2020 (live) ?
WAF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.