My thoughts are:
So far, we know that there is at least 18m lbs in the historical area. This is in the process of being proven. However, the company seems very positive that there is a lot more out there in the previously unexplored areas. In its Feb 07 report, after doing some trench sampling, it said,
'Importantly, the results of the sampling programs show that the highest uranium grades in the trenches are located in the most north-western and south-western
trenches indicating likely extensions, or presence, of higher grade zones outside of the sampled area with a further 25km of largely untested palaeo-channel
interpreted to extend west within the project area.'
I am confident that WME will have success after drilling, etc judging by the tone of its reports. Time will tell.
My thoughts are:So far, we know that there is at least 18m lbs...
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