re: west australian metals New MD Leon 'Uranium' Reisgys starts in 2 weeks from tmrw. Im picking WME will become a 100% focused play and spin-out there gold holding via an in-specie distribution to shareholders of subsidiary Bronzewing Gold. Current MD Dave Hamlyn will probably move with Bronzewind , leaving Leon to grow and develop the WME uranium plays here and in Namibia.
There is more than a hint of Chinese involvement here , and why not ?? They could be producing in 2 years with the right backing , vs 'spinning wheels' here and getting supplied in 10 years at best ??
It will be intersting to see if the next ann. is held over til Leon starts , or is ann. this week ..... either way , WME are a long term buy at these levels imo.
SALTY
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