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Notes
Forum
Your Data
Symbol Data
Symbol
Currency
ASX:WAF
AUD
OTCMKTS:WFRSF
USD
Description
West African Resources Ltd are a gold focused mid-tier producer with two mines in development in Burkina Faso and two exploration properties. They have approximately 12.5Moz. of gold in the reserves and resources category of which 8.5Moz. are in the measured and indicated category. They have a market capitalisation of ~A$1038.29M which is a rise of roughly 60% over the last four months. As of 01/09/2024 they have no debt and ~A$115.1M cash. They have 1,026M shares outstanding and trade on the Australian Stock Exchange and the over-the-counter markets.
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General Details
Financial
01/09/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
MCap (FD):
$650.77M
$1,038.29M
01/09/2024
$387.53M
Total Assets:
$575.43M
$571.51M
01/09/2024
$-3.91M
Total Liabilities:
$140.68M
$139.72M
01/09/2024
$-0.96M
Current Assets:
$223.07M
$221.55M
01/09/2024
$-1.52M
Current Liabilities:
$102.49M
$101.79M
01/09/2024
$-0.70M
Total Debt:
$0.00M
$0.00M
01/09/2024
$0.00M
Cash:
$115.89M
$115.10M
01/09/2024
$-0.79M
Enterprise Value:
$534.88M
$923.19M
04/03/1999
$388.31M
Cash Flow:
$136.48M
$177.90M
never
$41.42M
Cash Flow Multiple:
4.77
5.84
never
1.07
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
01/09/2024
n/a
Misc
01/09/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
1,026,338,077
1,026,338,077
01/09/2024
0
Shares (FD):
1,039,000,000
1,039,000,000
01/09/2024
0
Insider Ownership:
n/a
n/a
never
n/a
Dividend (Annual):
n/a
n/a
never
n/a
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Production ETA:
n/a
01/01/2020
01/09/2024
n/a
Production (Gold Eq Oz.):
(guess) 200,000
(guess) 200,000
01/09/2024
0
Production (Silver Eq Oz.) :
(guess) 17,619,419
(guess) 16,178,064
01/09/2024
-1,441,356
Initial CapEx (Outstanding):
n/a
n/a
01/09/2024
n/a
Funding Option:
n/a
n/a
01/09/2024
n/a
Documentation:
none
PRODUCER
03/24/2024
n/a
Future MCap Modifier:
0.25Producer: Quality
0.25Producer: Quality
12/14/2023
0
Cash Flow Multiplier:
8
8
12/14/2023
0.00
Resource Data
GOLD
01/09/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
6.70M
6.70M
01/09/2024
0.00M
Measured & Indicated:
8.50M
8.50M
01/09/2024
0.00M
Inferred:
4.00M
4.00M
01/09/2024
0.00M
Reserves & Resources:
12.50M
12.50M
never
0.00M
P L A U S I B L E
Proven & Probable:
6.03M
6.03M
01/09/2024
0.00M
Measured & Indicated:
7.33M
7.33M
01/09/2024
0.00M
Inferred:
1.80M
1.80M
01/09/2024
0.00M
Reserves & Resources:
9.13M
9.13M
never
0.00M
C U R R E N T
Annual Production:
(guess) 200,000oz.
(guess) 200,000oz.
01/09/2024
0oz.
Cash Cost:
$850
$1,000
02/06/2024
$150.00
Extra Operating Cost:
$500
$500
01/09/2024
$0.00
G R A D E
Underground (Avg):
1.20 g/t
n/a
03/24/2024
n/a
Open Pit (Avg):
n/a
1.20 g/t
03/24/2024
1.20 g/t
Recovery Rate:
(CG) 90.00%
(CG) 90.00%
03/24/2024
0.00%
F U T U R E
Proven & Probable:
10.00M
10.00M
01/09/2024
0.00M
Annual Production:
400,000oz.
400,000oz.
01/09/2024
0oz.
Cash Cost:
$950
$1,000
02/06/2024
$50
Extra Operating Cost:
$500
$500
01/09/2024
$0
SILVER
01/09/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
01/09/2024
0.00M
Measured & Indicated:
n/a
n/a
01/09/2024
0.00M
Inferred:
n/a
n/a
01/09/2024
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
P L A U S I B L E
Proven & Probable:
n/a
n/a
01/09/2024
0.00M
Measured & Indicated:
n/a
n/a
01/09/2024
0.00M
Inferred:
n/a
n/a
01/09/2024
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
01/09/2024
$0.00
Extra Operating Cost:
n/a
n/a
01/09/2024
$0.00
G R A D E
Underground (Avg):
n/a
n/a
01/09/2024
n/a
Open Pit (Avg):
n/a
n/a
01/09/2024
n/a
Recovery Rate:
n/a
n/a
01/09/2024
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
01/09/2024
0.00M
Annual Production:
n/a
n/a
01/09/2024
n/a
Cash Cost:
n/a
n/a
01/09/2024
n/a
Extra Operating Cost:
n/a
n/a
01/09/2024
n/a
Property
Last Analysis Data (01/09/2024)
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
West Africa , Burkina Faso
Sanbrado
100% (guess)
60,000
Open Pit
show
5 million oz open pit
Producing 200,000 annually.
Development
West Africa , Burkina Faso
Toega
100% (guess)
25,000
Open Pit
show
1 million oz surface deposit at 2.1 gpt.
Feasibility in 2021.
Next mine.
Exploration
West Africa , Burkina Faso
Kiaka
90% (guess)
n/a
n/a
show
7 million oz resource.
Development in 2023-24
Exploration
Fox Creek , Canada
Fox Creek
100%
n/a
n/a
n/a
Total Land Package Size (ha):
85,000
Current Data
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
West Africa , Burkina Faso
Sanbrado
100% (guess)
60,000
Open Pit
show
5 million oz open pit
Producing 200,000 annually.
Development
West Africa , Burkina Faso
Toega
100% (guess)
25,000
Open Pit
show
1 million oz surface deposit at 2.1 gpt.
Feasibility in 2021.
Next mine.
Exploration
West Africa , Burkina Faso
Kiaka
90% (guess)
n/a
n/a
show
7 million oz resource.
Development in 2023-24
Exploration
Fox Creek , Canada
Fox Creek
100%
n/a
n/a
n/a
Total Land Package Size (ha):
85,000
Profitability (by resource)
Proven & Probable
01/09/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
6.70M
6.70M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-48.29M
P L A U S I B L E
Gold Eq. Oz.:
6.03M
6.03M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-43.46M
Maximum Profit (Gold):
$4,114.87M
$5,363.69M
n/a
$1,248.81M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$4,114.87M
$5,363.69M
n/a
$1,248.81M
Max Profit / Current MCap:
6.323
5.166
n/a
-1.157
Max Profit Per Share (Gold):
$3.96
$5.16
n/a
$1.20
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$3.96
$5.16
n/a
$1.20
Total Free Profit Per Share:
$3.03
$3.66
n/a
$0.63
FD MCap / Gold Eq.:
$107.92
$172.19
n/a
$64.27
FD MCap / Silver Eq.:
$1.23
$2.13
n/a
$0.90
FD MCap / Per Metal as % Spot Price:
5.31%
7.21%
n/a
1.90%
Measured & Indicated
01/09/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
8.50M
8.50M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-61.26M
P L A U S I B L E
Gold Eq. Oz.:
7.33M
7.33M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-52.80M
Maximum Profit (Gold):
$4,999.26M
$6,516.48M
n/a
$1,517.21M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$4,999.26M
$6,516.48M
n/a
$1,517.21M
Max Profit / Current MCap:
7.682
6.276
n/a
-1.406
Max Profit Per Share (Gold):
$4.81
$6.27
n/a
$1.46
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$4.81
$6.27
n/a
$1.46
Total Free Profit Per Share:
$3.88
$4.77
n/a
$0.89
FD MCap / Gold Eq.:
$88.83
$141.73
n/a
$52.90
FD MCap / Silver Eq.:
$1.01
$1.75
n/a
$0.74
FD MCap / Per Metal as % Spot Price:
4.37%
5.93%
n/a
1.56%
Reserves & Resources
01/09/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
12.50M
12.50M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-90.08M
P L A U S I B L E
Gold Eq. Oz.:
9.13M
9.13M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-65.77M
Maximum Profit (Gold):
$6,227.58M
$8,117.58M
n/a
$1,889.99M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$6,227.58M
$8,117.58M
n/a
$1,889.99M
Max Profit / Current MCap:
9.570
7.818
n/a
-1.751
Max Profit Per Share (Gold):
$5.99
$7.81
n/a
$1.82
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$5.99
$7.81
n/a
$1.82
Total Free Profit Per Share:
$5.06
$6.31
n/a
$1.25
FD MCap / Gold Eq.:
$71.31
$113.77
n/a
$42.46
FD MCap / Silver Eq.:
$0.81
$1.41
n/a
$0.60
FD MCap / Per Metal as % Spot Price:
3.51%
4.76%
n/a
1.25%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
01/09/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
AUD 0.6699
AUD 0.6653
05/16/2024
Spot Gold:
$2,032.40
$2,389.50
05/16/2024
$357.10
Spot Silver:
$23.07
$29.54
05/16/2024
$6.47
Gold:Silver Ratio:
88.10
80.89
05/16/2024
-7.21
Spot Gold (Future):
$3,000.00
$3,000.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
30.00
30.00
0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
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