Wildhorse Eng Share Discussion Threads

[vitamal] 24/10/2013 12:45

Just a minute!

[vitamal] 24/10/2013 12:44

Buyers are now paying the full offer price so perhaps a matter of time

[julesb9] 24/10/2013 12:40

vitamal - stale bulls exiting?jb9

[vitamal] 24/10/2013 12:35

Why so little price movement despite all the buying?

[euclid5] 24/10/2013 12:30

60p may of been the NPV but I recall they required around $90m in funding capex - so less dilution - farm out of the asset - good value though for the long term

[julesb9] 24/10/2013 12:14

Good steady volume of trades going through these last few days. Something is going on -methinks!

[euclid5] 23/10/2013 15:16

does anyone know the NPV value of the Uranium asset please?

[illuminati1] 23/10/2013 15:14

60p target a year ago

[loverat] 23/10/2013 14:31

This article a month old and no doubt posted before but worth a reminder.



Wildhorse Energy (LON:WHE) plans to remain focused on advancing its primary Hungarian interests, comprising the Mecsek Hills underground coal gasification and uranium projects.

Following the Hungarian government's study into underground coal gasification (UCG), the key findings of which were published in April, the company is waiting for Parliamentary approval of amendments to existing legislation to allow for the licensing of UCG. Approval is expected shortly.

In keeping with most junior companies in the natural resources sector, the development of Wildhorse's assets will require more money than the company currently has, but the explorer is mulling a plan to lower initial capital requirements for the Mecsek Hills UCG project by using a phase development approach.

The first phase would comprise the development of the underground gas production facility and the second phase, the above ground gas processing, gas clean up and gas turbine facilities.

It is the second phase that will soak up the bulk of the projected development costs, but the company hopes that by demonstrating critical aspects of UCG in the first phase it will make it easier to raise capital for the second phase.

The UCG venture is the most advanced of the company's projects, but it is also making progress with the development of its uranium asset, where the Hungarian government has given its official blessing for the development of a joint venture (JV) between Wildhorse, the state-owned Mecsek-Öko and Hungarian Electricity, the owner of Paks Nuclear Power Plant.

The JV will evaluate the necessary conditions to restart uranium mining, and the company has been working actively on this since June 2012.

As a pre-revenue company, Wildhorse (WHE) is loss making, but losses at the pre-tax level narrowed, to A$7.84mln, from A$11.9mln the year before.

"I believe that WHE has made significant strides in fulfilling its stated strategy of developing alternative fuel and energy sources in CEE [Central & Eastern Europe]. However, in order to execute our plans to advance our key interests, we are dependent on the availability of appropriate financing," stated company chairman Mark Hohnen.

"The international capital markets are beginning to recover but funding for large capex and uranium projects remains difficult. We have been actively engaging with a number of parties to secure a partner and subsequently the development blue print of our asset base. We remain committed to this process as it is crucial to our plans going forward," he added.

[illuminati1] 23/10/2013 11:41

Buying continues...Approval imminent imo

[illuminati1] 22/10/2013 23:40

Buy confirmed Http://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=WHE.L

[illuminati1] 22/10/2013 17:40

Good Buying Volume todayNews update imminent imo...End of September announcement:Following the Hungarian government's study into underground coal gasification (UCG), the key findings of which were published in April, the company is waiting for Parliamentary approval of amendments to existing legislation to allow for the licensing of UCG. Approval is expected shortly.

[julesb9] 22/10/2013 17:17

Yes, I think our patience may be rewarded soon.jb9

[illuminati1] 22/10/2013 12:27

Uranium price set to doublehttp://www.energyandcapital.com/articles/uranium-price-breakout/3796

[illuminati1] 22/10/2013 12:26

WHE Wildhorse EnergyExceptionally High Volume Buying up 12%Update soon

[loverat] 22/10/2013 09:40

This looks to be getting a little stronger.

[jarbie] 17/10/2013 12:42

it needs guts to add just now - what's up ?

[loverat] 15/10/2013 11:52

Perhaps the news is due soon. You sometimes see these last gasp falls in the share price before announcements. Being bought into anyway.

[oiht] 01/10/2013 12:18

www.proactiveinvestors.co.uk/companies/news/61628/wildhorse-energy-says-hungarian-ucg-approval-expected-shortly-61628.html

That's what we need...some news!

[oiht] 01/10/2013 12:18

Slow, slow progress! I'm losing patience.

[noirua] 12/9/2013 21:41

WHE.L (LSE) Signal Page


The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.

[vitamal] 12/9/2013 17:58

A slight flicker with 2 mms lifting the bid to 3.25

[oiht] 09/9/2013 10:17

It's gone very quiet but I can cope with it as long as the BoD are all beavering away and not spending too much money.

[vitamal] 19/8/2013 19:47

The bid/offer price went down a few days ago after a fall over here. As there were no trades in australia the marked price did not fall until yesterday so the 10% fall was misleading on the dayThe price has fallen since the asx wrote to the company and the company respondedHow come an equivalent enquiry has not been made about the fall?