re: Ann: Western Metals to acquire Tanzanian ... As much as I want WMT to rise I just cant see it happening seriously until we get final resource sizes for at least 1 project as well as a BFS , environmental impact and approvals , mine design, tonnage estimates , mine life , etc.
This market is not going to give any junior resource explorer a SP boost until income and profits look like becoming a reality. Until WMT gets one project close to that stage then the SP will continue to stagger around this level. We need light at the end of the tunnel here so that future profits can be illuminated.
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