WME 11.5% 14.5¢ west australian metals ltd

Ann: Marenica Uranium Project - Update , page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 116 Posts.
    Marenica Uranium Project Ann

    In view of the statement within the Ann that "Drilling is continuing to return grades and widths within expectations"
    I was surprised that WME was not more positive on the sp front.

    Perhaps the statement that "Latest results will not be included in the preliminary resource upgrade calculation next month, but will be included in the final December resource" raised eyebrows

    Yet as the Further probe results received from both historical and new drill holes are not included in current Inferred Resource, the current figure of 111Mt @ 140ppm eU3O8, will rise.

    As a holder perhaps I am being too positive
 
watchlist Created with Sketch. Add WME (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.