summary of fat prophets report

Hello everybody,

First thanks to dkguinan for the report !

So in my own words,here is what Fat Prophets thinks.

Concerning the license FP stated,that it is very hard for the Namibian government not to renew it,as long as WME has met all the obligations.
WME is convinced it has done so.
FP sees the renewal of the license as a "milestone"

FP thinks we have a strong support line around the 0,135 area and expects WME to start a longterm upwards movement once the share price has crossed the 0,19 threshold.

FP made it clear that Marenica is not very likely to be economic (as a stand alone project) with the uranium price being at these low levels,but there is hope for WME because of the outlook for the medium/longterm prospectives for uranium.