Ann: Mt Venn Drilling Update, page-41

For whatever reason management at WML have so far remained quite low key re WML's Li projects. I'm sure that they are aware that highlighting their Li projects to the market would deliver a short term sugar hit and spike in investor interest however so far they have chosen not to go down this path. Personally I'm comfortable with this approach as I prefer management that is conservative (and under promises/over delivers) rather than the other way around.

Their initial stated intention (before the MD's recent resignation) was to sell the Li assets and focus on the Cu/Au assets - I'm not sure if this is still their preferred strategy or not.

Regardless, I bought WML for its Cu and base metal assets with Li being an added extra. IMO, even with the recent price increase it still offers a very attractive risk versus reward scenario with current market cap around $22 mio.

GLTA & DYOR