Thanks for the post.CheersWest Australian Metals… … Reluctance...

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West Australian Metals…
… Reluctance on the capital
The other Australians the custodian list
make progress as expected. Thus,
West Australian Metals (WAM) is currently
just a small capital increase
through. 10 million shares to 2.2 million
- $ In the box office of the uranium Explorers
Rinse. In just over two months, further
10 million shares placed. Than
Partners for this placement, the
Management at Johnson and Rodger
Leon Reisgys a Canadian professional
showing. This will be the story of
WAM also distribute in North America.
As a direct payment is in addition to 15,000
From $ per month, also an interesting
Stock option model. This
a total of 17 million options to be granted
WAM has the course in the
next 2 years at least verdreibis
verachtfachen. Even the twice-10
Million shares to the placement made,
WAM are a uniformly high level of management
Number of warrant rights
attached. Also they are only
granted when the price of
Share over a period of at least
3 Market week at least tripled
-- And that within the next
Year, or at the second
Placement tranche within
18 months.
Conclusion:
Well, now that WAM also the North American
Market is concerned and there
Flag. According to my knowledge
is the placement of the first 10
Million shares as well as completed,
the company's story has been well received
-- Was given by some
Uranium-air numbers such as
a Xemplar Energy, which is also in
Namibia explores for and on the stock exchange in
Vancouver last fall a veritable
hinlegten, not self-evident
is. As for the options issued and
Warrants, I must confess
something that I still
not seen. Investors and consultants,
based on a minimum and
sustainable rate within tripling
einlassen very short time, before
these options are expected very likely
clearly the exception in the investment world
be. Apparently, the story of so-WAM
convinced that the recipients to
these embedded designs.
A commission for the placement of
Shares the Canadians, incidentally
I know not. The next important
Step by WAM on operational
Level, the publication in July
JORC the new study. I
reckon with an expansion of uranium
from the current 15 million to at least
50 million pounds. The share increased
In recent days prosper
and is based on current price
of 0.15 euro remains a
Purchase dar.
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