WME has the luxury of merely proving up an historical resource which has already been pre-defined through thousands of drillholes by Goldfields in the 1970's - back then the technologies for proving up a resource were inferior to modern techniques which indicates that WME will be able to JORC up a resource 20 million lbs +
U explorers with JORC status are valued at around $9 per pound of Uranium in the ground
WME current market cap = 55 million
JORC is promised later in the year
projected market cap range
180 million +
upside, I believe so
get in early, maximise profit
DYOR
WME Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held