West African Share Discussion Threads

[robrah] 21/3/2014 20:31

Dispite all this super bullish point (highly debatable points )Share price has not rocketed since placing . In fact it has not even broken even for those who bout the placing. 30mt at 30 % would not interest a sane person . When there is billions of other better option. When are cheap . Sable mining at 9p far more quality that this . Sable had close to 200 mt of dso potential. And is near the coast.Wafm barely any ore compared to these other other option.

[gheebee] 21/3/2014 20:16

At the risk of provoking a counter de-ramp, I'd just observe three things from the presentation.

1. The Emerging satellite value at South Djadom is pitched at Sundance not IMIC and is being spun to benefit from the Mbalam developments that will be announced relatively shortly.

2. The former AFF link with Posco that went nowhere is firmed up with IMIC, as far as WAFM are concerned.

3. The Chinese will win the port contract, which will suit IMIC holders.

[aim_trader] 21/3/2014 10:13

West African Minerals' presentation from last night:

[aim_trader] 19/3/2014 10:27

Anton Mauve, Managing Director to update investors on 20th March 2014. REGISTRATION:

[gheebee] 19/3/2014 08:28

Honi soit qui mal y pense to you....

[robrah] 19/3/2014 08:22

That was afferro plan long before when they were in talks with posco . Nothing new ntem was alway going be developed first to help finance the bigger project nkout .Love the spin to try and show wafm in a better light .lol . 30 mt at 30% u do the math . How many such project ever get to production

[gheebee] 19/3/2014 08:12

Ah longsight, I see you are still playing the man not the ball. I see no ramping. For those not of a de-ramping persuasion I think its quite interesting to observe the rationale of IMIC for moving their focus westward.

[robrah] 18/3/2014 20:45

Come on ls . They dont need infrastructure to export their 30% ore they will e mail it to china .

[gheebee] 17/3/2014 09:06

"The firm hopes that if it could be the first into production with Binga, it could get a 'jump" on other operators in the Cameroon-Congo belt"

but today the opposition struck back....

Ousmane Kane, CEO of IMIC, said: "When we acquired Afferro in December last year we were attracted by the potential of early revenues from the Ntem project owing to its proximity to the coast and the infrastructure already available at Kribi. As we continue to develop the project plan at Ntem, it is rapidly shaping into a very exciting prospect. We are aiming to accelerate the project to production within 30 to 36 months, which will then be the first iron ore ever to be shipped from Cameroon."

[someuwin] 14/3/2014 23:03

Proactive joined by President Energy, West African Minerals, Stellar Diamonds and Rose Petroleum next week

By Proactive Investors

March 14 2014, 4:30pm

Next week's investor forum is back at the Chesterfield Mayfair Hotel and promises to be a fascinating evening.

Presenting on Thursday, March 20 will be President Energy (LON:PPC), West African Minerals (LON:WAFM), Stellar Diamonds (LON:STEL) and Rose Petroleum (LON:ROSE).

Please ensure you don't miss out by securing your place HERE..

...


West African Minerals aims to use its Binga project as a springboard into exploiting the rapidly emerging iron ore belt in Cameroon.

And investor demand, as shown by two placings last month that raised over £6mln to help fund the development of the property, showed the excitement surrounding the opportunity.

Binga has much to commend it, including a maiden resource of 30.5mln tonnes at 29.7% iron and proximity (60km) to a developing deepwater port.

There is also the potential to increase the Binga resource further - something which a staged work programme this year will assess further.

The firm hopes that if it could be the first into production with Binga, it could get a 'jump" on other operators in the Cameroon-Congo belt - fast becoming an iron ore hotspot.

Here to tell us more about why this could be West African's year is Anton Mauve, Managing Director.

[longsight] 11/3/2014 17:52

With IO falling so dramatically I fail to see the point of WAFM - even if they do discover a first class resource. Rio has costs of US$20 per tonne on China's doorstop. Just pointless story imo. nai of course

[aim_trader] 11/3/2014 11:41

Anton Mauve, Managing Director to update investors on 20th March 2014. REGISTRATION:

[robrah] 05/3/2014 10:59

someuwin - 27 Feb 2014 - 09:50 - 969 of 969 - 0Max online buy quote only 50,000 shares (£3,500).Is that a good thing or a bad thing?

[someuwin] 27/2/2014 09:50

Max online buy quote only 50,000 shares (£3,500).

[gheebee] 27/2/2014 08:39

Ok, if you prefer to play the ball rather than the mellon, who am I to complain?

[gheebee] 27/2/2014 08:23

or me, you. So back to the hunt for recompense from Cameroon it is.

[zangdook] 27/2/2014 08:13

I suppose that part applies to me too, but I haven't noticed sour grapes from you.

[robrah] 27/2/2014 08:11

Well fine by me zangdook . Presonally he had not added much to debating the company wafm. He just pitched up to bad mouth longsight . So I would say brilliant move zandook. You too have been filtered .

[gheebee] 27/2/2014 07:57

The cap fit so I wore it.

"people who were screwed over by AFF and haven't got over it yet."

[zangdook] 27/2/2014 00:41

If you mean me, I haven't filtered you, GheeBee.

[gheebee] 26/2/2014 21:09

Robrah

He just told you that he had filtered you (us).

longsight

Those who believe "a woman for duty, a boy for pleasure, but a mel{l}on for ecstasy"?