WME 11.5% 14.5¢ west australian metals ltd

I'm of the belief from historic data the 18million is a given....

  1. 1,712 Posts.
    I'm of the belief from historic data the 18million is a given. Seems to me the concern is with ppm and if the resource extends further. You'd have to be a mug to think the drilling will turn up nothing and that the historic data is false... for that reason alone I think the SP should be a lot higher, but it isn't so I can only assume people want higher grades and a larger resource otherwise the current trading pattern is a disgrace! Should be trading higher but isn't so not sure that news on a parallel with current belief can make that much of a difference... always in this case would love to be proven wrong. Take a look at historic WME announcements. Everytime they release more reassuring information the stock goes down. Has been the most frustrating thing about this stock.
 
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