30% of their Namibian tenement = 18 million pounds of Uranium(previous non-jorc estimate)
the rest of their tenement has been displaying much higher grades - towards the end of 2007 we could see a JORC estimate between 50-100 million pounds
this is comparable with SMM
SMM market cap = 1.15 billion
WME market cap = 42 million
obviously WME need to prove up their resource but it doesn't take a genius to realise where the leverage is at!!!!!
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30% of their Namibian tenement = 18 million pounds of...
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