yesterdays announcement was very good, the grades of uranium discovered were extremely promising.
so why the smackdown after the initial spike up? because of the wet season & no drilling for the best part of 6 months. just goes to show how fickle the market is. wmt are damn sure they are onto a class asset and still it gets smacked down.
so what if there is a delay? pdn are yet to earn a cent from their resources and their market cap is nearly $4 billion.
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WMT
western metals limited
classic example of how brutal the market is
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