WME west australian metals ltd

Dazza what happens if they don't jorc 18 mil lbs? The market...

  1. 1,606 Posts.
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    quarterly about 10 days ago , says drilling only started mid march ok

    takes 3 months

    and so far no assays are in, but expect long lead times due to heavy activity in south africa

    it took EXT AGGGGGGGGGGGES until we got drill results.

    frankly if wme gets 18 mill pds JORC, at 300 mill fpos diluted, u will be looking at only $4!!!!! valuation per pound of u at the moment

    once they have the goods, i expect easy $1 , going to $1.50

    at $1, tahts a 400% increase from todays prices

    they expect 18 mill lb JORC end of year dun they?

    400% in 6 months aint too shady ppl

    patience okbe patient ok

    quarterly about 10 days ago , says drilling only started mid march ok

    takes 3 months

    and so far no assays are in, but expect long lead times due to heavy activity in south africa

    it took EXT AGGGGGGGGGGGES until we got drill results.

    frankly if wme gets 18 mill pds JORC, at 300 mill fpos diluted, u will be looking at only $4!!!!! valuation per pound of u at the moment

    once they have the goods, i expect easy $1 , going to $1.50

    at $1, tahts a 400% increase from todays prices

    they expect 18 mill lb JORC end of year dun they?

    400% in 6 months aint too shady ppl

    patience ok>>

    Dazza what happens if they don't jorc 18 mil lbs? The market does not have a high opinion and those people in the "know" understand that WME's thicknesses of ore are not economic/very marginal if you compare with others in the sector. Pull up EXT's historical drilling of the southern anomalies, and you will find much much superior thickness and grades which demonstrate superior economic viability. I do not see that with WME. Merely by "believing" a historical resource estimate without the facts(thicknesses of drill holes, grades etc) is being a bit callous.
 
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