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7.69% 18.0¢ western mines group ltd

Westmag's partner in the patagonian project announced to the...

  1. Jim
    884 Posts.
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    05/12/03
    10:21
    Post #: 320315

    Westmag's partner in the patagonian project announced to the London Stock Exchange a couple days ago that it had acquired its JV partner for 90m shares. At 15.7p thats 13m pound. at 2.4 $/pound thats A$31.2m.

    This for 25% of the project

    Westmag have 50%

    Ergo $2 per share

    Ten bagger.........?

    Have a look

    http://www.hpdexploration.com/
    WMG Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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