WME west australian metals ltd
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Market sensitive Qtrly Report out last night.JORC of 14-22m...

  1. silsol
    3,567 Posts.
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    01/08/07
    06:44
    Post #: 2672061
    Market sensitive Qtrly Report out last night.

    JORC of 14-22m pounds of U3o8 soon to be established. The stuff is shallow and appears it is going to be easily extracted by open cut mining hence, low production costs should be the case.

    The price of u3o8 is forecasted to be $255/lb in 2008. At an in-ground value of $10/lb, WME should be valued in the eyes of predators at around $2/share.

    DYOR.
    WME Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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