WMT western metals limited

uranium price on the rise

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    Over the last 48 Hours, we have seen the December Futures contracts on Nymex rise $9.00P/Lb.

    24/10/07 $83.00
    25/10/07 $89.00 up $6
    26/10/07 $92.00 up $3

    With Market Market Sentiment On The Rise Within The Nymex Futures Market, One would expect to see an approximate rise of around $5.00 To $10.00 P/LB To The Spot Price come next week to be around $85.00-$90.00P/LB

    A little sweetener to dampen the complete non fundamental negative sentiment towards western metals.
 
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