big call Fed, but they are next door to each other in Tanzania. UNX has a bit of a head start of them though and each is well cashed up so unlikely WMT would overtake UNX with the first mine. Just remember UNX - less tham 90m shares with $1.75 sp will have no problems raising cash and not diluting existing shareholders assets.
Also, WMT at these prices has very little overhang with few people buying at higer prices....WMT still primed to run hard on positive announcements to come but dilution will continue to snow ball as an issue as the years tick by.
Got out of WMT too early but still watch and like.
WMT
western metals limited
