WMT western metals limited

I attended this mornings meeting of the company shareholders in...

  1. 69 Posts.
    I attended this mornings meeting of the company shareholders in Perth, and the Directors informed the meeting that two members of the board were flying out to the US over the weekend to deliver the presentation to several brokering houses as well as interested institutional funds who they have been in contact with.

    They are hoping to catch up with Mr Dines while in the US. He is the man who had put out a buy recommendation to US investors that saw the stock take off.

    Apparently 20% of WMT's share register have US adresses, and this is growing.

    Drilling is to commence in late May to run for a 3 week period and the company has one of the largest ground holding in Tanzania of 13000km2.

    Bhp Falcon results also due out at the end of the month.

    Directors introduced new exploration manager and geologist with extensive mining experience with the likes of Western mining and BHP

    Now plenty of cash and solid strategic plans in place.

    This company has an enormous future parallel to the PDN success story

    DYOR
 
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Currently unlisted public company.

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