Results are also expected sometime soon. Plus there is the expected announcement of new tenements in the USA with their JV partner in the USA. As the previous poster pointed out these are the ex WMC management with very good global contacts for getting some great deals done in the Uranium space.
The best part is the market cap which is only a fraction of the other uranium hopefuls in the market which basically means the option value for a big run is lower than those with market caps approaching $100m already. WMTs market cap is only 16m so the opportunity to be a 5-10 bagger is easier to see and or justify with a good announcement. Basic maths on a very hot sector that is all. You can buy the ones that have already beeen ten baggers and get a few extra percent or you can try and find the next ten bagger I am doing a little of both for good measure.
- Forums
- ASX - By Stock
- WMT
- why run............
WMT
western metals limited
why run............, page-4
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)