just having a look over the chart for the last month and without any major news apart from the commencement of the latest round of uranium exploration drilling the stock is up 36% in the last month. Nice and steady appreciation in price.
The best thing is that it has been moving north and the drill and sampling programs have not yet been announced to the market, wait till the market wakes up to the full potential of the Namibian Uranium tennements.
Remember the Namibian Government encourages Uranium Mining and will assist any foreign investment into mining operations in the country. It is just a matter of time before WME proves up a JORC resource and will have little trouble organising funding for the project.
Once the ball starts rolling the stock will be re-rated because unlike Australian Uranium companies there is nothing standing in their way from becoming a producer.
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