is it possible - secret uranium stash

Actually this is what triggered interest in wme

for anyone new!

Also the talk about the second u co in negotiations with china

My guess a WA co.... hmmmmmm

28 March 2006
Manager Announcements
Company Announcements Office
Australian Stock Exchange Limited
Level 4
Exchange Centre
20 Bridge Street
SYDNEY NSW 2000
Dear Sir / Madam
APPOINTMENT OF TECHNICAL DIRECTOR & ACTING C.E.O.
The Board of West Australian Metals Ltd is pleased to announce the appointment of Mr Leon Reisgys as Company’s Technical Director and Acting Chief Executive Officer.
Mr Reisgys holds a Bachelor of Science (Honours) in Applied Geology from the University of New South Wales and a Graduate Diploma in Mineral Economics from Macquarie University. He is a Chartered Professional (Geology), a Fellow of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists.
Mr Reisgys brings to West Australian Metals extensive experience in the successful exploration for and/or the development of uranium, base metal, precious metal and mineral sand deposits in Australia and internationally.
Mr Reisgys’ experience includes 6 years as a uranium geologist with Pechiney Australia Pty Ltd and Minatome Pty Ltd, a joint venture company owned by the nuclear divisions of the French multinationals Pechiney and Total.
During this period Mr Reisgys explored for and evaluated Australian uranium deposits of all types, including unconformity, roll front, volcanic, granite hosted/Rossing type and calcrete style deposits. He was a member of the teams credited with the discovery of the Manyingee (WA) uranium deposit (8.08mt @ 0.1% U3O8 indicated, 6.663mt @ 0.06% U3O8 inferred) and the Ben Lomond (QLD) uranium deposit (2.98mt @ 0.228% U3O8).
For the past three years he has been consultant and Chief Geologist for Universal Resources Limited and previously served as Managing Director and Chief Executive Officer for several ASX listed companies.
Mr Reisgys will commence working with the Company and assume his board position as of 22 May 2006.
West Australian Metals Ltd
Mr Reisgys will be employed under an employment contract with a term of 3 years.
Mr Reisgys’ remuneration package will comprise:
• a base salary package (inclusive of superannuation and directors fees) of $250,000 per annum;
• a penalty payment of $10,000 (inclusive of superannuation) whilst holding the position of Acting C.E.O.;
• the provision of a company vehicle; and
• the issue of 3.25 million options exercisable at 10 cents each, with 3 million of these options subject to market capitalisation hurdles. These options will only be issued upon the approval of shareholders in a general meeting.