WME 11.5% 14.5¢ west australian metals ltd

With the intervention by Polo, this is the news we have all been...

  1. 1,011 Posts.
    With the intervention by Polo, this is the news we have all been hoping for, being a "major" player enterring at a time when WME were an easy target.

    Upside is good for everyone who has held for a long time (read, me and my friends), as the return to the higher levels we experienced historically, now being a realistic target and, with a lot more left in the tank.

    As for Polo and BTV, there is no doubt that "cash is king" and opportunity is a wonderful thing. Their entry into the Convertible Notes and the Placement is already showing huge returns for their camps with an effective 100% gain as soon as the ink is dry (free options taken into account).

    My only hope is that the freebies and, the placement should be under an escrow ruling although, I cannot see either camps wanting to dump with the prospects that WME now have including, the new Board member.
 
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