WME west australian metals ltd

a veritable gem. next to rrl-newmont

  1. 2,452 Posts.

    Iwas doing some research last night and came up with this gem....
    A veritable GEM indeed it is......
    Albeit a hidden, unpublicised one...
    Here is why: WME (Western Metals) have tenements in Duketon (Collurabbie) region of Westen Australia.
    1) The Anchor Project, which is immediately South of Newmont-Regis(RRL) Mollart Well exploration (The reason RRL, sky-rocketed).
    2) No Mistake Mining Lease (11 hectares) right next door to the Newmont-Regis (RRL) another Joint-Venture........

    In addition WME have another 12 (!!!) YES 12 tennements, all in and around the same latest huge WMC-FCN huge nickel disovery.....

    WME have only 99 million shares on issue (and some options) and over $1 in the bank on top of the above extremely interesting tenements.



    *****A further sweetener. WME are about to acquire 20% (with the option to increase it to 50%) of a Biotech company which has developed a revolutionary and very succesfull
    anti-Asthma drug, which has already had clinical tests (succesfully) and has TGA approval, with sales already being made!!!!


    **************Please, make your own research-analysis prior to making a decision.

    In my humble opinion this stock is worth a lot more (conservatively putting a figure: Over 30 cents) as it is now.....YET is capitalised only at $4 million! In other words, it is around 4 cents only!!!!!

    Cheers.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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