In reality it's just another "we've drilled holes and there is U down there" announcement. Until they can give us a "Mtonya 60 or 80 or 100 Million lbs U3O8" announcement with impending JORC and BFS in the next 6 months then the SP will go nowhere. It's not 2006 - 2007 anymore where someone says they have U on their property and the SP goes ballistic. Those days are over.
We need timelines from lbs in the ground to JORC to BFS to mine layout to production otherwise be prepared for more of the same SP.
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WMT
western metals limited
whats everyones thoughts, page-4
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