WME 11.5% 14.5¢ west australian metals ltd

Ann: Positive Interim Resource Upgrade for Mareni, page-7

  1. 74 Posts.
    re: Ann: Positive Interim Resource Upgrade fo... Hi guys,

    Look my WME stop was triggered a couple of weeks ago so I no longer hold, but I still watch with interest.

    I have to say this is a most unspectacular interim resource upgrade, up to 38.6mlb at 140ppm?? From the wording of the release, the final upgrade now seems to have been delayed from Dec this year till Jan 2010. Hardly enough to significantly move the SP north. There has been quite a bit of discussion recently on whether or not BMN has economic viability with a much larger resource at around 210 ppm.

    Good luck to all holders, I may be back in for a trade if sp breaks 17.5c resistance on significant volume.

    M

 
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