They really wanted $50 mill. and through out $80 mill. I think $63 mill. was a very satisfactory result. I wanted to participate in offering, however my money did not come through on time. Luck on my behalf will be buying at this price. Had a look at tea cup and cornbreads hopeful. The old Twin Hills project in QLD. I invested in that prospect years ago and lost. More people have tried there more than WMC.’s project. The company has a mkt cap $40 mill. With a couple of reasonable low grade drilling results. I look at WMC market cap and shake my head.
WMC Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
