low point, page-3

There is little doubt that the JORC upgrade will come out before the meeting and if for no other reason than to shore up "support".

However, without waiting for that, the question should be asked what the current "in ground" value of the present known reserves is worth. This is a clear indictment as to why the criticism is being leveled at the Board for not achieving "true value" for the shareholders to date.

In the highly likely event that the upgrade will add a substantial increase in reserves, WME should be starting to get to some dizzy heights and if it does, it will not be from the efforts of the current board.

We should already be well over 50c based on what is known!