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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$1244.41M which is a rise of roughly 91% over the last ten months. As of 07/09/2024 they have ~A$187M debt and ~A$324.86M 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
$1,244.41M
01/09/2024
$593.65M
Total Assets:
$575.43M
$563.74M
01/09/2024
$-11.69M
Total Liabilities:
$140.68M
$328.14M
07/09/2024
$187.46M
Current Assets:
$223.07M
$360.95M
08/26/2024
$137.88M
Current Liabilities:
$102.49M
$100.41M
01/09/2024
$-2.08M
Total Debt:
$0.00M
$187.04M
07/09/2024
$187.04M
Cash:
$115.89M
$324.86M
08/26/2024
$208.97M
Enterprise Value:
$534.88M
$1,106.60M
01/24/2005
$571.72M
Cash Flow:
$136.48M
$254.90M
never
$118.42M
Cash Flow Multiple:
4.77
4.88
never
0.11
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) 16,135,505
01/09/2024
-1,483,915
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
09/28/2024
n/a
Future MCap Modifier:
0.25Producer: Quality
0.25Producer: Quality
12/14/2023
0
Cash Flow Multiplier:
8
12
09/01/2024
4.00
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
Total:
$1,350
$1,500
02/06/2024
$150.00
Margin (Free Cash Flow):
$682 (34%)
$1,275 (46%)
$592.10
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%
09/28/2024
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
Total:
n/a
n/a
01/09/2024
$0.00
Margin (Free Cash Flow):
n/a
$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
-49.71M
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
-44.74M
Maximum Profit (Gold):
$4,114.87M
$7,685.24M
n/a
$3,570.36M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$4,114.87M
$7,685.24M
n/a
$3,570.36M
Max Profit / Current MCap:
6.323
6.176
n/a
-0.147
Max Profit Per Share (Gold):
$3.96
$7.40
n/a
$3.44
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$3.96
$7.40
n/a
$3.44
Total Free Profit Per Share:
$3.03
$5.57
n/a
$2.55
FD MCap / Gold Eq.:
$107.92
$206.37
n/a
$98.45
FD MCap / Silver Eq.:
$1.23
$2.56
n/a
$1.33
FD MCap / Per Metal as % Spot Price:
5.31%
7.44%
n/a
2.13%
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
-63.07M
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
-54.36M
Maximum Profit (Gold):
$4,999.26M
$9,336.99M
n/a
$4,337.72M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$4,999.26M
$9,336.99M
n/a
$4,337.72M
Max Profit / Current MCap:
7.682
7.503
n/a
-0.179
Max Profit Per Share (Gold):
$4.81
$8.99
n/a
$4.17
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$4.81
$8.99
n/a
$4.17
Total Free Profit Per Share:
$3.88
$7.16
n/a
$3.28
FD MCap / Gold Eq.:
$88.83
$169.86
n/a
$81.03
FD MCap / Silver Eq.:
$1.01
$2.11
n/a
$1.10
FD MCap / Per Metal as % Spot Price:
4.37%
6.12%
n/a
1.75%
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
-92.74M
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
-67.71M
Maximum Profit (Gold):
$6,227.58M
$11,631.09M
n/a
$5,403.50M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$6,227.58M
$11,631.09M
n/a
$5,403.50M
Max Profit / Current MCap:
9.570
9.347
n/a
-0.223
Max Profit Per Share (Gold):
$5.99
$11.19
n/a
$5.20
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$5.99
$11.19
n/a
$5.20
Total Free Profit Per Share:
$5.06
$9.37
n/a
$4.31
FD MCap / Gold Eq.:
$71.31
$136.36
n/a
$65.05
FD MCap / Silver Eq.:
$0.81
$1.69
n/a
$0.88
FD MCap / Per Metal as % Spot Price:
3.51%
4.91%
n/a
1.41%
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 0.6563
10/29/2024
Spot Gold:
$2,032.40
$2,774.50
10/29/2024
$742.10
Spot Silver:
$23.07
$34.39
10/29/2024
$11.32
Gold:Silver Ratio:
88.10
80.68
10/29/2024
-7.42
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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