WME 11.5% 14.5¢ west australian metals ltd

WME has the luxury of merely proving up an historical resource...

  1. 589 Posts.
    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
 
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