30% of their Namibian tenement = 18 million pounds of...

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!!!!!