Werner, I'm hoping the next announcement just adds something solid to the list of projects WMT has.
I'm not holding WMTO so at this stage I'm not really that concerned whether the sp gets above the strike price or not.
For me, the continuing exploration in Tanzania is what holds my greatest interest. Sooner or later, the sentiment for nuclear power, ergo Uranium, has to turn.
"Money Morning" reported today that despite it's best efforts, Russia has failed to increase it's oil production for the third month in a row. As a result the oil price went up.......Again.
In my eyes nuclear power is a must and companies holding deposits to JORC standard, ready to go, will be in the money, whether they produce themselves or get taken out.
The options issued to the directors have a much higher strike price than WMTO, and this means these guys will be working their ar#es off to get the sp up in that direction.
I love for the next announcement to power the sp up to 20 cents, but I have to be realistic. My WMT shares wil stay tucked away in the bottom drawer for a while yet.
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