WMT - Western Metals

[bobdog]

A bit harsh I thought there Kennas.
I can’t see any info saying they are scraping there other exploration projects. But with the price of Uranium stagnant and the bottom dropped out of Nickel I think it’s not a bad option to expand there exploration to included something that is popular at the moment.
They are obviously comfortable working in Tanzania as they have been there a while now. George Bauk just topped up on shares today also.
Each to there own though.

 

[Sean K]

A bit harsh I thought there Kennas.
I can’t see any info saying they are scraping there other exploration projects. But with the price of Uranium stagnant and the bottom dropped out of Nickel I think it’s not a bad option to expand there exploration to included something that is popular at the moment.
They are obviously comfortable working in Tanzania as they have been there a while now. George Bauk just topped up on shares today also.
Each to there own though.

Maybe.

Just sick of juniors without vision.

The U market was ripe some time before WMT jumped on the bandwagon and failed to milk it.

Now, they're behind the curve with gold also. That market started 4 years ago.

I imagine they'll buy a phosphate project next, one year late.

Then, we'll be back to IT, and they'll buy a web site or two....

Or, maybe biomed?



No wonder there's more TAs out there at the moment, who know's what fundamentals come next?

 

[redback]

Spot on Kennas, this mob, who kept on insisting on reminding us of how good and expert their management team are with every ann., need a good kick up the nether region, thats the one's that remain that is--most of the other fleas fled just prior to the 1 for 10 announcement, I was completely speechless when they bought SBS's 1gm per tonne tenaments, this must the last straw for many, it was for me, I lost a lot of money listening to this third rate bunch of WA cowboys, this Bauk obviously has no idea, and having managed to rort a huge amount of money from the Uranium frenzy, is now wasting it with his wild schemes, all this clown has achieved meantime is to ruin his shareholders, now the clown says that he wants to distance himself from the "old Western Metals stigma", he didn't mind the name when he got over $33 million from the market though, this bloke is rank amateur who should have resigned long ago, bet his wages are very good though, for NO result in three years of pure nonsense--BOK BOK!!--this clown is just an overpaid Turkey.

 

[UMike]

Anyone know under what code this share is now trading?????

WMT is not listed on the ASX at the moment.

 

[gwm]

look here - IDG on or about 6 may 2009

http://www.westernmetals.com.au/documents/Generalmeeting24April2009final.pdf

 

[poortrader]

are they in a trading halt at the moment?
they must be as i cannot find any info on them at all, besides that link

 

[redback]

are they in a trading halt at the moment?
they must be as i cannot find any info on them at all, besides that link

WMTDA, WMTDB until 6 May

Expect to lose another 50% of whats left of your money--Turkey's!!, it looks ominous presently

 

[UMike]

WMTDA, WMTDB until 6 May

Expect to lose another 50% of whats left of your money--Turkey's!!, it looks ominous presently

Opened under the old ASX code WMT. but from Tuesday, 12 May the shares in the company will commence trading under the new ASX code: IDG.

Dropped a bit on open but not that much.


I'll keep holding my small parcell I 'spose

 

[ands]

It is a 10 for 1 consolidation not a share split.

So for every 10 shares you had before, you will now have one.

Therefore you being left with a 10th of your previous holding would be correct...

 

[UMike]

It is a 10 for 1 consolidation not a share split.

So for every 10 shares you had before, you will now have one.

Therefore you being left with a 10th of your previous holding would be correct...

You may well also notice that the SP went up 10 fold so that the Money value was the same as when it was WMT as it is now IDG.




Note to mods: Should this be merged/renamed a IDG: Indago Resources Limited

 

[Joe Blow]

Western Metals (WMT) is now known as Indago Resources (IDG). Please see the IDG thread for continued discussion of this company: https://www.aussiestockforums.com/forums/showthread.php?t=15542

This thread has now been closed.