Ann: MTD029 (EIS3) Diamond Drilling Update, page-63

Hi there mate,

I’m a young bloke currently researching WMG.

I was invested in GRE but it’s going absolutely nowhere and I’ve been watching WMG for a week or so now.

My biggest investment concern is that there seems to be negative sentiment around nickel and I am also unfamiliar with nickel deposits and how they work. There’s lots of noise about China beating down the nickel price due to their supply from Indonesia as well as BHP cutting back nickel production/writing off its nickel assets.

But there is a lot of talk here about Mulga Tank being a world-class, globally significant resource and the company even has in their philosophy to be a company that genuinely strives to create shareholder wealth.

Just wondering, with nickel sentiment being poor, what do you guys think make WMG so compelling and different? Is it the size of the deposit? Management? Etc.?

Cheers,

JRW