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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 12Moz. of gold in the reserves and resources category of which 8Moz. are in the measured and indicated category. They have a market capitalisation of ~A$862.4M which is a fall of roughly 8% over the last four months. As of 01/09/2022 they have ~A$31M debt and ~A$70.04M cash. They have 1,021M shares outstanding and trade on the Australian Stock Exchange and the over-the-counter markets.
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General Details
Financial
01/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Mkt. Cap (FD):
$933.06M
$862.40M
01/09/2022
$-70.66M
Total Assets:
$358.21M
$346.75M
01/09/2022
$-11.47M
Total Liabilities:
$128.96M
$124.83M
01/09/2022
$-4.13M
Current Assets:
$107.46M
$104.02M
01/09/2022
$-3.44M
Current Liabilities:
$93.14M
$90.15M
01/09/2022
$-2.98M
Total Debt:
$32.24M
$31.21M
01/09/2022
$-1.03M
Cash:
$72.36M
$70.04M
01/09/2022
$-2.32M
Enterprise Value:
$892.94M
$823.56M
02/05/1996
$-69.38M
Cash Flow:
$136.57M
$142.47M
never
$5.90M
Cash Flow Multiple:
6.83
6.05
never
-0.78
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
01/09/2022
n/a
Tax Rate:
(guess) 30.00%
(default) 30.00%
01/09/2022
0.00%
Misc
01/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
1,021,000,000
1,021,000,000
01/09/2022
0
Shares (FD):
1,032,000,000
1,032,000,000
01/09/2022
0
Insider Ownership:
n/a
n/a
never
n/a
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Production ETA:
n/a
01/01/2020
01/09/2022
n/a
Production (Gold Eq Oz.):
(guess) 280,000
(guess) 280,000
01/09/2022
0
Production (Silver Eq Oz.) :
(guess) 22,520,322
(guess) 23,551,197
01/09/2022
1,030,875
Initial CapEx (Outstanding):
n/a
n/a
01/09/2022
n/a
Funding Option:
n/a
n/a
01/09/2022
n/a
Documentation:
none
PRODUCER
01/09/2022
n/a
Value Adjustment:
10%
10%
never
0%
Resource Data
GOLD
01/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
4.00M
4.00M
01/09/2022
0.00M
Measured & Indicated:
8.00M
8.00M
01/09/2022
0.00M
Inferred:
4.00M
4.00M
01/09/2022
0.00M
Reserves & Resources:
12.00M
12.00M
never
0.00M
P L A U S I B L E
Proven & Probable:
3.60M
3.60M
01/09/2022
0.00M
Measured & Indicated:
6.48M
6.48M
01/09/2022
0.00M
Inferred:
1.80M
1.80M
01/09/2022
0.00M
Reserves & Resources:
8.28M
8.28M
never
0.00M
C U R R E N T
Annual Production:
(guess) 280,000oz.
(guess) 280,000oz.
01/09/2022
0oz.
Cash Cost:
$700
$700
01/09/2022
$0.00
Extra Operating Cost:
$400
$400
01/09/2022
$0.00
Average Grade:
1.20 g/t
1.20 g/t
01/09/2022
n/a
Recovery Rate:
(CG) 90.00%
(CG) 90.00%
01/09/2022
0.00%
F U T U R E
Proven & Probable:
8.00M
8.00M
01/09/2022
0.00M
Annual Production:
400,000oz.
400,000oz.
01/09/2022
0oz.
Cash Cost:
$750
$750
01/09/2022
$0
Extra Operating Cost:
$400
$400
01/09/2022
$0
SILVER
01/09/2022 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
01/09/2022
0.00M
Measured & Indicated:
n/a
n/a
01/09/2022
0.00M
Inferred:
n/a
n/a
01/09/2022
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
01/09/2022
0.00M
Measured & Indicated:
n/a
n/a
01/09/2022
0.00M
Inferred:
n/a
n/a
01/09/2022
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
01/09/2022
$0.00
Extra Operating Cost:
n/a
n/a
01/09/2022
$0.00
Average Grade:
n/a
n/a
01/09/2022
n/a
Recovery Rate:
n/a
n/a
01/09/2022
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
01/09/2022
0.00M
Annual Production:
n/a
n/a
01/09/2022
n/a
Cash Cost:
n/a
n/a
01/09/2022
n/a
Extra Operating Cost:
n/a
n/a
01/09/2022
n/a
Property
Last Analysis Data (01/09/2022)
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
West Africa , Burkina Faso
Sanbrado
100% (guess)
60,000
Open Pit
show
3 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
6 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
3 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
6 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
01/09/2022 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.):
4.00M
4.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
14.73M
P L A U S I B L E
Gold Eq. Oz.:
3.60M
3.60M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
13.25M
Maximum Profit (Gold):
$1,931.53M
$2,014.97M
n/a
$83.44M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$1,931.53M
$2,014.97M
n/a
$83.44M
Max Profit / Current MCap:
2.070
2.336
n/a
0.266
Max Profit Per Share (Gold):
$1.87
$1.95
n/a
$0.08
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$1.87
$1.95
n/a
$0.08
Total Free Profit Per Share:
$0.61
$0.75
n/a
$0.14
FD Mkt. Cap / Gold Eq.:
$259.18
$239.56
n/a
$-19.63
FD Mkt. Cap / Silver Eq.:
$3.22
$2.85
n/a
$-0.37
FD Mkt. Cap / Per Metal as % Spot Price:
14.42%
13.11%
n/a
-1.31%
Measured & Indicated
01/09/2022 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.):
8.00M
8.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
29.45M
P L A U S I B L E
Gold Eq. Oz.:
6.48M
6.48M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
23.86M
Maximum Profit (Gold):
$3,476.75M
$3,626.94M
n/a
$150.19M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$3,476.75M
$3,626.94M
n/a
$150.19M
Max Profit / Current MCap:
3.726
4.206
n/a
0.479
Max Profit Per Share (Gold):
$3.37
$3.51
n/a
$0.15
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$3.37
$3.51
n/a
$0.15
Total Free Profit Per Share:
$2.11
$2.31
n/a
$0.20
FD Mkt. Cap / Gold Eq.:
$143.99
$133.09
n/a
$-10.91
FD Mkt. Cap / Silver Eq.:
$1.79
$1.58
n/a
$-0.21
FD Mkt. Cap / Per Metal as % Spot Price:
8.01%
7.28%
n/a
-0.73%
Reserves & Resources
01/09/2022 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.):
12.00M
12.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
44.18M
P L A U S I B L E
Gold Eq. Oz.:
8.28M
8.28M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
30.48M
Maximum Profit (Gold):
$4,442.52M
$4,634.42M
n/a
$191.91M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$4,442.52M
$4,634.42M
n/a
$191.91M
Max Profit / Current MCap:
4.761
5.374
n/a
0.613
Max Profit Per Share (Gold):
$4.30
$4.49
n/a
$0.19
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$4.30
$4.49
n/a
$0.19
Total Free Profit Per Share:
$3.04
$3.29
n/a
$0.24
FD Mkt. Cap / Gold Eq.:
$112.69
$104.15
n/a
$-8.53
FD Mkt. Cap / Silver Eq.:
$1.40
$1.24
n/a
$-0.16
FD Mkt. Cap / Per Metal as % Spot Price:
6.27%
5.70%
n/a
-0.57%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
01/09/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
AUD 0.7164
AUD 0.6935
05/17/2022
Spot Gold:
$1,796.80
$1,826.90
05/17/2022
$30.10
Spot Silver:
$22.34
$21.72
05/17/2022
$-0.62
Gold:Silver Ratio:
80.43
84.11
05/17/2022
3.68
Spot Gold (Future):
$2,500.00
$2,500.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
25.00
25.00
0.00
Gold Cash Cost:
$750.00
$750.00
$0.00
Gold Extra Operating Cost:
$350.00
$350.00
$0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Cash Cost:
$10.00
$10.00
$0.00
Silver Extra Operating Cost:
$6.00
$6.00
$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%
Tax Rate:
30.00%
30.00%
0.00%
Tax Rate (Future):
40.00%
40.00%
0.00%
Future Valuation Multiplier:
15.00%
15.00%
0.00%
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