Cybernetik2 Points:Firstly: I like WME, I have done for some...

Cybernetik

2 Points:

Firstly: I like WME, I have done for some time & I think it is underpriced
Secondly: I think your calcs are a tad.... shall we say optimistic!

WME: The COMPANY themselves say they have a JORC target AFTER drilling of 8000t of - which they only hold 80% = 6400t .... We are close to June, how long till they
a] finish the drilling
b] get results
c] work up a JORC? ....

But yet you have a QUANTUM leap to 20,000t by end of year. I would say the final JORC up to 8000t will take toward the end of year to fully chieve!

You can be bullish, but you also need to be realistic!

Secondly to confirm this; their current drilling campaign is to PRIMARILY infill & confirmation drilling of the original Gold Fields estimation. Now I agree, they will be drilling to "target new zones" but that will be a drill hole here & there to determine a future drilling plan.

I would work on figures that they have said 8000t (6,400) anything else is for the future.

As an example, WHE as potential of much more ... yet the directors are only targeting 45mill lbs (22,000t) they will have a JORC by end of June.

While WME is good, I just think you cannot compare them to WHE .... They are far more advanced, & a much larger resource

cheers