Wildhorse Eng Share Discussion Threads

[bertie bee2] 24/4/2014 09:38

The market doesn't think so. Nor does it believe all this 'year of Uranium' stuff in the context of WHE. Those with inside knowledge will know well before punters like me if the tide is turning for WHE, so we can assume that it isn't for the time being. I see no room for optimism in the short to medium term. In fact it looks increasingly like a dead dog.

[illuminati1] 24/4/2014 08:19

13.000$ trading volume down under.1.07p to buy Blood in the streets opportunity.

[vitamal] 24/4/2014 06:22

Disappearing down under

[illuminati1] 17/4/2014 14:33

Australia to begin exporting uranium for Abu Dhabi's nuclear power plants http://t.co/fPgOks1mkc

[illuminati1] 13/4/2014 21:25

More secret nuclear talks with Russia11th April 2014http://bit.ly/1qHZwJl

[illuminati1] 11/4/2014 13:56

WHE: $4 million dollar stake in Linc EnergyTaken from hotcopper board We recently spoke with Mr. Anthony Watson, General Manager Commercial, Linc Energy to better understand the recent news on Umiat, Alaska and updates on other assets.¦ Flow achieved at Umiat 23H well; management remains optimistic:Linc Energy recently announced successful oil flow at 23H well in Umiat with peak flow rates of 800bopd and sustained flow rate of 250bopd. Rates are expected to increase to 2000bopd via gas injection with management flagging that gas availability is not a concern. With flow rates achieved, some parts of the reserves are expected to be upgraded to 1P, which remains limited to reserves associated with the well drilled. Next drilling program is scheduled in Jan 2015.Management also remains optimistic that Alaskan tax rebates will be maintained for oil and gas companies in spite of a referendum being carried out on SB21 (new oil and gas bill) in August 2014. Linc Energy also expects the capex (net basis) to be significantly lower at around US$600-700mn vs Ryder Scott's guidance of US$1.8bn on the back of various tax rebates (AIDEA, SB21) and infrastructure support buildup.¦ Potential to more than double production by end '14:Linc Energy is hopeful to double production at Gulf Assets (we believe ~11,000-12,000 bopd by end '14 vs ~5000 bopd currently) on the back of:a)8-10 wells at Cedar point and Atkinson Island (we estimate ~4,000 bopd);b) potential drilling of a sub-salt well in mid '14.Sustaining production from existing wells remains a key factor to achieve target levels.Mid-14 drilling target at Arckaringa shale:Management remains on track for 3-4 potential wells in Arckaringa shale asset by mid '14. We estimate drilling program to cost US$8-12mn.¦ UCG discussion ongoing; coal divestment targeted by 2H14:Management is hopeful of achieving progress on UCG in Asia while coal asset unlocking is targeted by 2H14 (via divestment or IPO). (Read Report)Source : JP Morgan Asia Pacific Equity Research

[illuminati1] 11/4/2014 09:44

World Uranium Supply - Things Could Go Wrong in a HurryApril 10, 2014On March 26, a local court in Kazakhstan invalidated the subsoil use contracts for Uranium One Inc´s two key joint ventures - Betpak Dala and Kyzylkum. Whatever the legal justification, the incident highlights how the volatile nature of the global uranium supply chain which relies on difficult jurisdictions for the majority of primary and secondary uranium supply. If you weren´t already aware, Kazakhstan is the world´s largest source of uranium and when they decide to put the brakes on, it matters.Let´s jump to Niger. After two years of negotiation, Areva has still been unable to renew their agreement with the government. 40% of Areva´s production comes from Niger and it´s said that one in three light bulbs in France is powered by uranium from Niger.Now let´s look at some production delays: the Olympic Dam expansion is on hold - that´s 32M lbs per year, Imouraren - that´s another 11M lbs per year and then Trekkopje for 8M lbs. These three alone represent the majority of near-term production growth.Uranium demand may be strong and growing but the opposite is true for the supply side. The fact is, uranium production is concentrated in a surprisingly small number of countries and, with over half of global supply coming from difficult jurisdictions, the potential for disruption to the world´s uranium supply chain is very real. Politics, civil unrest and even the weather can cause serious problems.Admittedly, for a utility running a nuclear power station, uranium is actually a very small part of operational costs but it´s the most important. You cannot run a reactor without it and that´s why the bulk of uranium is bought and sold through long-term contracting. However, we are in a situation where approximately 40 percent of world production comes from two countries in Eastern Europe (Kazakhstan and Uzbekistan) and another eight percent from Nigeria. When it comes to secondary sources - Russia accounts for approximately 50% of supply.Any time you are forced to rely on just a few sources for a crucial resource you are running serious risks to the security of supply. The bottom line is that upwards pressure on uranium prices is increasing as is the requirement for uranium supply to become more diversified and more stable.That´s why China, with 29 reactors under construction and another 57 in the planning phase, is so keen to acquire a piece of uranium projects - they are looking for ways to secure their supply.

[illuminati1] 11/4/2014 09:27

Relax my friend, all good as long as you plough your profits into WHE.

LOL

Acta_topup - 11 Apr 2014 - 09:20 - 7024 of 7024 - 0

And no Buzz I have not just bought in. I have been steadily accumulating over more than 3 years to a total of 17 million. I sold 2 million on the spike and rebought 700K at 0.4p. The rest went into buidling my OEX holding and the profits I make there will be ploughed back into WHE. I really don't understand this obsession about other people's holdings.

[illuminati1] 11/4/2014 08:24

The Russia FactorHungary's energy deal with Moscow is suspect for its secrecy but in some ways makes sense - by Martin Ehl8 April 2014The weekend elections in Hungary turned out as expected. Fidesz, Prime Minister Viktor Orban's party, will rule the country for the next four years with the support of a two-thirds majority in parliament. Most of the initial, post-election reactions centered on the 20 percent of the vote that the extremist party Jobbik acquired. But there is one more topic that, especially for neighboring states, is as notable as rising support for the extreme right: the government's cooperation with Russia in the construction of a nuclear power plant in Hungary.The center-left opposition tried in vain to use the surprise contract between Budapest and Moscow to damage the ruling party.The deal has Russia building two new blocs for the Paks nuclear power plant, financed by a 10 billion euro ($13.7 billion) from the Russian government. The details of the agreement are secret in Hungary, and as I found out for myself last week in Budapest, various high-ranking government experts are studiously avoiding the topic.Announced early this year, the deal came at a sensitive time for relations between the West and Russia and thus garnered general condemnation from abroad. But for Hungarians, the deal has its logic and could become a lesson for all who are planning soon to build a nuclear power plant in Central Europe – therefore for Czechs, Slovaks, and Poles.First of all, the question in Hungary is not whether or not to have nuclear plants. In 2009, under then-Prime Minister Gordon Bajnai's half-technocratic government, a resolution on the further development of nuclear energy passed through parliament with the support of all parties including Fidesz, which was then in the opposition.Last week Russia revealed several of the numbers. The loan would be for 10 billion euros but no one knows in what currency the deal was closed and how the exchange rate risks will be minimized, given the now weakening ruble and the long-term weakness of the forint. And it isn't clear why Moscow would make an agreement in euros.....The second key detail is the interest rate of the loan. According to information from the Russian side, it will be 3.95 percent until the blocs are put into operation (in 2026 at the latest); then the rate will increase to 4.95 percent. Hungary will be paying off the loan until 2046.According to economist Zoltan Pogatsa from Corvinus University in Budapest, the loan could be a positive in the long run. Hungary still has difficulty borrowing on the open market and only a loan from the IMF could have been considered for a similar project, which would have probably have had an interest rate of around 4.5 percent. So for Pogatsy interest rates below 5 percent make sense.

[illuminati1] 11/4/2014 08:06

Sun will rise on uraniumTHE AUSTRALIAN April 08, 2014 12:00AMIt is not an ideal to be a uranium producer. In fact, it has not been ideal since March 11, 2011, when a large earthquake triggered a 15m tsunami that caused Japan's ­Fukushima nuclear power plant to melt down.The tsunami-triggered meltdown took uranium prices down with it, and they are yet to ­recover. Pre-tsunami, uranium was trading at more than $US70 a pound.Last week the spot price for the radioactive material was looking friendless at $US33.90 a pound. But with nuclear power still covering more than 11 per cent of the world's electricity demand (more than 20 per cent in OECD countries, according to the World Nuclear Association), the shortfall between supply and demand - currently met by drawdowns on reprocessed weapons-grade material and stockpiles - means uranium will again have its day in the sun.The new and growing imperative behind the broad agreement that long-term average for uranium is going to be somewhere north of $US60 a pound is the building of new nuclear capacity in China.China has a real problem with pollution, which sort of comes with its annual burning of 3.5 billion tonnes of coal in support of its urbanisation and industrialisation drive. To put that in context, and to make that point that the environmental attacks on the Australian coal industry are missing the main target, Australia produces about 420 million tonnes of the black stuff, which is mostly exported.There have been plenty of mumblings out of Beijing that improving air quality is right up there with all of its long-term plans. Apart from anything else, China's choking air quality has become an international embarrassment.Nuclear power is part of the solution, thanks to its super-low life cycle carbon emissions, which almost put it on par with wind and hydro-electric power.And that is why, as mentioned earlier, the long-term uranium price assumption is a multiple of the current spot price.

[illuminati1] 11/4/2014 07:47

WHE is progressing the development of the Mecsek Hills Uranium Project which combines WHE's 42.9km2 Pe?cs uranium licence and Hungarian state owned Mecseke?rc adjoining 19.6km2 MML-E uranium licence. The project has a total JORC Inferred Resource of 48.3Mt at 0.072% U3O8 for 77 Mlbs of U3O8 and an Exploration Target of an additional 55-90 Mlbs of U3O8 with a grade range of 0.075-0.10% U3O8, making it one of the largest uranium deposits in Europe.Wildhorse holds the Uranium Exploration rights for the pecs licence area (65 million lbs at 0.07% U308)Hungary (Mecsek-öko state company, MVM owner of the power plant) holds the neighbouring MML-E licence (12 million lbs at 0.057% U308)More importantly PM Viktor Orban just won the election in Hungary. He is strong pro-nuclear and pro-uranium. He signed a 10 billion euro nuclear deal with the Russians to build two new reactors.Market cap uranium only £2m!(Market £4.8m including $4m stake in Linc energy + $1m cash)The next milestone will be a strategic alliance with an uranium major like CNNC, ARMZ or AREVAExpect News near term.Hope this helps

[acta_topup] 10/4/2014 18:35

No it wouldn't - what a complete and utter lie:

Forte is acquiring Kuriskova and Novoveska Huta, which are far far more valuable than Wildhorse's very low grade resource at Mecsek

KURISKOVA
28.5 million lb of U3O8 Indicated Resource (@ 0.555% U3O8)
12.7 million lb of U3O8 Inferred Resource (@ 0.185% U3O8)

NOVOVESKA HUTA
3.75 million lb U3O8 Measured and Indicated Resource (@ 0.097-0.108% U3O8)
12.738 million lb U3O8 Inferred Resource (@ 0.123% U3O8)

Total Indicated Resource 32.25 million lb U3O8 (Note: Wildhorse has ABSOLUTELY ZERO Indicated Resource)
Total Indicated + Inferred Resource 57.688 million lb U3O8

Compare this to the Wildhorse Mecsek Uranium Project which has an Inferred Resource of 61.3 million lb at 0.072% U3O8 (excluding the 15.6 million lb at 0.057% U3O8 owned by Mecsek-Öko - Wildhorse does not currently have any rights to this resource).

NOTE WILDHORSE'S EXTREMELY LOW GRADES OF URANIUM. Kuriskova has grades almost 8x higher than that seen at Mecsek. Basically Mecsek is sub-economic at anywhere close to the current U3O8 spot price whereas it is estimated that Kuriskova would be among the highest-grade and lowest cost uranium mines in the world (even compared to the Athabasca Basin).

[illuminati1] 06/4/2014 11:46

Ha ha just added it for newbies, but anyways always best to look at recent M&A deals in the sector.

Last Friday's Slovakian Uranium deal by Forte Energy is a strong indicator what is possible in the current climate.

[stockonomist] 06/4/2014 10:59

LOL

You must be very desperate to be posting such out of date broker notes

[illuminati1] 06/4/2014 08:22

Liberum capital 12/11

"Wildhorse Energy has 77 mln lbs uranium JORC inferred resource.
We value these assets at A$0.7/lb at the bottom of peer group multiples.

[aimshares] 04/4/2014 20:39

Will defo be buying next week. Hope I get a good entry point like yours .

[escapetohome] 04/4/2014 20:32

Hungarian economy improving?

[escapetohome] 04/4/2014 20:31

Already bought 306,730 that's my buy this PM.

[aimshares] 04/4/2014 20:20

Will be looking into buying some WHE next week it does seem highly undervalued. Doing some research and Just listen to a audio interview by Liberum capital .From 2011 where they put a Target price of 91p which is a mind boggling 9000% to the current share price and in 2013 Dominic Nash put the target price of 60p which is about 6000% to the current share price .And this listed about 20p in 2011 and WHE sit at 1.25phTTp://m.youtube.com/watch?v=bnw2JWfbexsYes I would defo agree with illuminati that this highly under valued and very under the radar .And the signing of a partner for there uranium project which discussions have been going on for sometime and would agree with illuminati that it will be a world class big hitter that partner them and them stating near term update for a partner I can see this going bonkers and way past 3.3p as stated by illuminati .Will be doing more research over the weekend will get funds available next week to buy .Just want it to stay at current price next week so can get a good entry point.

[rougepierre] 04/4/2014 17:56

Yes illuminati...why the hell couldn't WHE do a FTE and double in a day?

[illuminati1] 04/4/2014 17:30

Forte Energy just spent $9.6million to take over European Uranium Resources.

[jibba jabber] 04/4/2014 17:25

A proper mug punterzzz stock if ever there was one.