WME 11.5% 14.5¢ west australian metals ltd

wme-präsentation düsseldorf 18.06.2009, page-8

  1. 523 Posts.
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    Hello VJP24,

    I totally agree with you.

    First having seen the roadshow myself,i just wanted to confirm everything Mikro has written.
    He simply went a little more into the details.

    The most important fact:

    If (like SRK assumes) Arevas Trekkoppje uranium findings is just some flushed out uranium from our dome and Trekkoppje is about 130 Mlbs at 140 ppm,then how much uranium is in that dome ?!?!?!?!?!?!?!?

    Yes the prefixes for becoming another Extract are excellent and we are just at the beginning !!!

    So everybody who missed the Extracttrain,jump on this one-it should pay off !!!
    With the already proven 34 Mlbs there is a strong safetynet as well.

    The timeline is also fantastic (feasibilty study finished by the end of next year-and the possibility to start producing in 2011)

    Think about all the predictions for the uranium spot price and where it might be in two years.

    Think about Areva just sitting next to us,with their plants not running at full capacity.

    Think about Arevas business model,making their money with selling reactors and guaranteeing their customers a decade-long supply of uranium.(they dont have enough uranium for their current deals,and they want to sell some more in the future)

    This can be a godsend combination of various facts-mixing into a stock i consider a "no brainer"
 
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