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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$1767.04M which is a rise of roughly 66% over the last three months. As of 01/06/2025 they have ~A$233M debt and ~A$273.26M cash. They have 1,140M shares outstanding and trade on
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General Details
Financial
01/06/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
MCap (FD):
$1,065.91M
$1,767.04M
01/06/2025
$701.13M
Total Assets:
$985.90M
$1,000.90M
01/06/2025
$15.00M
Total Liabilities:
$364.94M
$370.49M
01/06/2025
$5.55M
Current Assets:
$394.36M
$400.36M
01/06/2025
$6.00M
Current Liabilities:
$93.90M
$95.32M
01/06/2025
$1.43M
Total Debt:
$229.73M
$233.23M
01/06/2025
$3.50M
Cash:
$269.17M
$273.26M
01/06/2025
$4.10M
Enterprise Value:
$1,026.47M
$1,727.00M
09/22/2024
$700.53M
Cash Flow:
$327.25M
$662.38M
never
$335.13M
Cash Flow Multiple:
3.26
2.67
never
-0.59
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
01/06/2025
n/a
Misc
01/06/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
1,139,776,844
1,139,776,844
01/06/2025
0
Shares (FD):
1,149,000,000
1,149,000,000
01/06/2025
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
01/06/2025
n/a
Production (Gold Eq Oz.):
(guess) 350,000
(guess) 420,000
02/20/2025
70,000
Production (Silver Eq Oz.) :
(guess) 30,865,127
(guess) 43,022,845
02/20/2025
12,157,718
Initial CapEx (Outstanding):
n/a
n/a
01/06/2025
n/a
Funding Option:
n/a
n/a
01/06/2025
n/a
Documentation:
none
PRODUCER
04/01/2025
n/a
Future MCap Modifier:
0.25Producer: Quality
0.25Producer: Quality
12/14/2023
0
Cash Flow Multiplier:
12
12
09/01/2024
0.00
Resource Data
GOLD
01/06/2025 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
01/06/2025
0.00M
Measured & Indicated:
8.50M
8.50M
01/06/2025
0.00M
Inferred:
4.00M
4.00M
01/06/2025
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
01/06/2025
0.00M
Measured & Indicated:
7.33M
7.33M
01/06/2025
0.00M
Inferred:
1.80M
1.80M
01/06/2025
0.00M
Reserves & Resources:
9.13M
9.13M
never
0.00M
C U R R E N T
Annual Production:
(guess) 350,000oz.
(guess) 420,000oz.
02/20/2025
70,000oz.
Cash Cost:
$1,100
$1,150
02/20/2025
$50.00
Extra Operating Cost:
$600
$600
01/06/2025
$0.00
Total:
$1,700
$1,750
02/20/2025
$50.00
Margin (Free Cash Flow):
$935 (35%)
$1,577 (47%)
$642.10
G R A D E
Underground (Avg):
n/a
n/a
01/06/2025
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%
04/01/2025
0.00%
F U T U R E
Proven & Probable:
10.00M
10.00M
01/06/2025
0.00M
Annual Production:
450,000oz.
450,000oz.
01/06/2025
0oz.
Cash Cost:
$1,100
$1,200
02/20/2025
$100
Extra Operating Cost:
$600
$600
01/06/2025
$0
SILVER
01/06/2025 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
01/06/2025
0.00M
Measured & Indicated:
n/a
n/a
01/06/2025
0.00M
Inferred:
n/a
n/a
01/06/2025
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
01/06/2025
0.00M
Measured & Indicated:
n/a
n/a
01/06/2025
0.00M
Inferred:
n/a
n/a
01/06/2025
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
01/06/2025
$0.00
Extra Operating Cost:
n/a
n/a
01/06/2025
$0.00
Total:
n/a
n/a
01/06/2025
$0.00
Margin (Free Cash Flow):
n/a
$0.00
G R A D E
Underground (Avg):
n/a
n/a
01/06/2025
n/a
Open Pit (Avg):
n/a
n/a
01/09/2024
n/a
Recovery Rate:
n/a
n/a
01/06/2025
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
01/06/2025
0.00M
Annual Production:
n/a
n/a
01/06/2025
n/a
Cash Cost:
n/a
n/a
01/06/2025
n/a
Extra Operating Cost:
n/a
n/a
01/06/2025
n/a
Property
Last Analysis Data (01/06/2025)
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
01/06/2025 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
95.47M
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
85.92M
Maximum Profit (Gold):
$5,638.05M
$9,509.91M
n/a
$3,871.86M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$5,638.05M
$9,509.91M
n/a
$3,871.86M
Max Profit / Current MCap:
5.289
5.382
n/a
0.092
Max Profit Per Share (Gold):
$4.91
$8.28
n/a
$3.37
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$4.91
$8.28
n/a
$3.37
Total Free Profit Per Share:
$3.42
$5.86
n/a
$2.43
FD MCap / Gold Eq.:
$176.77
$293.04
n/a
$116.27
FD MCap / Silver Eq.:
$2.00
$2.86
n/a
$0.86
FD MCap / Per Metal as % Spot Price:
6.71%
8.81%
n/a
2.10%
Measured & Indicated
01/06/2025 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
121.12M
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
104.39M
Maximum Profit (Gold):
$6,849.81M
$11,553.83M
n/a
$4,704.02M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$6,849.81M
$11,553.83M
n/a
$4,704.02M
Max Profit / Current MCap:
6.426
6.539
n/a
0.112
Max Profit Per Share (Gold):
$5.96
$10.06
n/a
$4.09
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$5.96
$10.06
n/a
$4.09
Total Free Profit Per Share:
$4.48
$7.64
n/a
$3.16
FD MCap / Gold Eq.:
$145.50
$241.20
n/a
$95.70
FD MCap / Silver Eq.:
$1.65
$2.35
n/a
$0.70
FD MCap / Per Metal as % Spot Price:
5.52%
7.25%
n/a
1.73%
Reserves & Resources
01/06/2025 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
178.12M
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
130.04M
Maximum Profit (Gold):
$8,532.81M
$14,392.61M
n/a
$5,859.80M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$8,532.81M
$14,392.61M
n/a
$5,859.80M
Max Profit / Current MCap:
8.005
8.145
n/a
0.140
Max Profit Per Share (Gold):
$7.43
$12.53
n/a
$5.10
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$7.43
$12.53
n/a
$5.10
Total Free Profit Per Share:
$5.94
$10.11
n/a
$4.16
FD MCap / Gold Eq.:
$116.80
$193.63
n/a
$76.83
FD MCap / Silver Eq.:
$1.32
$1.89
n/a
$0.57
FD MCap / Per Metal as % Spot Price:
4.43%
5.82%
n/a
1.39%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
01/06/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
AUD 0.6260
AUD 0.6355
04/20/2025
Spot Gold:
$2,635.00
$3,327.10
04/20/2025
$692.10
Spot Silver:
$29.88
$32.48
04/20/2025
$2.60
Gold:Silver Ratio:
88.19
102.44
04/20/2025
14.25
Spot Gold (Future):
$4,000.00
$4,000.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
40.00
40.00
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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