Wildhorse Eng Share Discussion Threads

[937huff26] 05/11/2013 17:02

This has been on my watch list for a long time now, all sounds good but having lost a shed load on resource stocks over the past 5 years it is just too early stage for me, bound to be dilution in some way or other and it wont be my money diluted, good luck to all holders, I like the uranium asset myself.

[jarbie] 03/11/2013 21:58

I do not expect we will move until we get
a strategic partner for our UCG projects.
The next stage will need serious funds
which we do not have - we have just cut back
on our running costs to save money.
That may need restructuring of WHE.

[illuminati1] 31/10/2013 14:51

WILDHORSE ENERGY (WHE):

Cluff Natural resources Energy has recently been awarded two underground coal gasification licenses in the UK, evidence of growing interest in this form of energy generation. The concept is simple. Instead of hauling the coal to surface and burning it there, it is burnt underground with the resulting gas used at surface to, for example, generate power. Wildhorse has a pioneering project in Hungary, a country with large coal reserves and one that is uncomfortably reliant upon Russian gas supplies.

Wildhorse is now working with E.ON to evaluate the feasibility of constructing a 50MW plant in Hungary.

Following a report that has concluded that underground coal gasification is providing Hungary with an opportunity to develop its extensive stranded coal reserves and that ‘no risks were found that would limit its development’ the Parliament is expected to give approval before the end of October.

In a move to cement its advantage as a European leader in this nascent field Wildhorse has acquired a second licence in Poland while a due diligence study appears to have cleared the way for development of the separate uranium project

[illuminati1] 31/10/2013 12:41

Wildhorse Energy shares lifted as initial results from UCG project look positiveBy Giles Gwinnett October 31 2013, 10:48am The firm's shares advanced as it revealed initial drill results from a target within its Mecsek Hills UCG project in Hungary look "positive".Wildhorse Energy (LON:WHE) shares advanced as it revealed initial drill results from a target within its Mecsek Hills UCG project in Hungary look "positive".The results from recent drilling and 2D seismic at the Váralja target within the underground coal gasification (UCG) project are now being analysed, the company told investors in a quarterly report.The target has a current inferred JORC resource of 185 million tonnes and the aim is it will be the site of the commercial demonstration plant."In line with this strategy, 2D seismic was completed and a bore hole drilled in Q3 2013. The results are being analysed and the initial results look positive," the firm said."These activities will provide us with a stronger understanding of the area before drilling commences to upgrade the current inferred resource to Indicated status."Elsewhere, Wildhorse said that its search for a strategic partner for the underground coal gasification project was continuing and that it had decided to reduce its costs in line with securing a partnership.With regard to the uranium project at Mecsek Hills, the firm is continuing its discussions with the Hungarian state regarding the further development of the project and follow up cabinet approval of the joint venture is expected in the near term, it said.Shares advanced 11.76% to stand at 2.375p.

[illuminati1] 31/10/2013 12:35

Perfect let the small fish sell..Hope I get to buy more below 2.2p.Buy limit in place

[oiht] 31/10/2013 11:49

Anyone know what the cash burn is and how much we have left? I'm too lazy to research it! I think they'd struggle to raise more cash seeing as the last one was at 5p! That's my main concern - I don't mind the waiting. *frustrating though it is!* - GLA.

[illuminati1] 31/10/2013 10:47

There are a number of smaller players, which include Toro Energy (ASX: TOE), Energy and Minerals Australia (ASX: EMA) and Wild Horse Energy (ASX: WHE), to name a few. All these smaller players are expected to rally strongly upon a recovery in the uranium price...Exciting times ahead

[illuminati1] 31/10/2013 10:46

The impending uranium boomBy Tim Roberts - October 30, 2013In 2007, the uranium spot price reached a high of US$140/pound, today prices have fallen to US$35/pound. It is accepted that new projects require a spot price of US$80/pound to proceed from exploration to production.The price spike resulted in an influx of small explorers and a growth in production plans for existing producers. This temporary change in supply, coupled with the fear created by the Fukushima incident, resulted in a oversupply in uranium. This oversupply is expected to reverse in 2014 with demand being driven by a record number of nuclear reactors being commissioned, particularly in China, which sees no other viable option but to increase its reliance on uranium to meet growing energy requirements.Uranium is a highly efficient, clean and economically viable energy alternative to coal. For example, coal produces 1,000 grams of carbon dioxide per kilowatt-hour of electricity, versus uranium which produces no more than 21 grams for the equivalent amount of electricity. With 40% of the worlds carbon emmissions being produced through the generation of energy, the demand for uranium should increase as the climate change battle evolves.There are a number of ways to gain exposure to the potential rally in uranium prices through listed Australian explorers and developers.The major players are BHP Billiton (ASX: BHP), Paladin Energy (ASX: PDN) and Energy Resources Australia (ASX: ERA). For a pure play on uranium I would look at Paladin Energy. Paldin has extensive uranium resources and reserves and when the uranium price moves above US$80/pound, it will be receiving substantial operating cash flows, which can then be used to pay down debt and provide robust returns to shareholders.There are a number of smaller players, which include Toro Energy (ASX: TOE), Energy and Minerals Australia (ASX: EMA) and Wild Horse Energy (ASX: WHE), to name a few. All these smaller players are expected to rally strongly upon a recovery in the uranium price, however only those likely to proceed to production will be worthwhile longer term investments. For this reason I would look at either Toro Energy for the fact that it's well advanced with gaining necessary approvals to mine their tenements or Energy and Minerals Australia for its impressive management team for a small-cap explorer.Do be prepared to go through multiple capital raisings to keep these companies afloat until cash flow can be generated through production as the uranium price goes higher. The less risk-tolerant investor should watch on the sidelines and look to invest when the uranium spot prices provide solid evidence that demand for uranium has once again exceeded its supply.Foolish takeawayAustralia is estimated to have 31% of the world's total uranium resources, making it the world's largest producer. If the Australian government supports the domestic uranium industry and the price does recover as expected, then Australia is best placed to ride what could be a very long and strong uranium bull market.

[moreforus] 31/10/2013 10:37

cabinet approval in the near term

[megashareman] 31/10/2013 10:34

well......

[illuminati1] 30/10/2013 10:06

Hungarian Government are looking to reduce energy prices before elections which are due by next spring. http://www.politics.hu/20131018/hungary-could-have-cheapest-power-in-eu-via-nuclear-energy-says-orban/Hungary could have cheapest power in EU via nuclear energy, says OrbánHungary's electricity prices could be the lowest in the European Union within a period of 4 or 5 years provided that the country increases its nuclear capacity, Prime Minister Viktor Orban said in Mumbai on Friday.Speaking at a Hungary-India business forum, Orban noted that the government was currently reducing the retail price of electricity and wants to cut prices for industrial consumers in the future.Orban said that nuclear energy was indispensable for price cuts. He noted that nuclear power now covered some 40 percent of Hungary's consumption, but that ratio could reach 60-70 percent in the next decade through increasing the country's nuclear capacity.Orban said that the government was about to sign an agreement concerning the planned expansion.------------------------------------------------------"Wildhorse Energy (WHE) expects to receive Hungarian Parliamentary approval for its underground coal gasification project shortly."

[megashareman] 29/10/2013 12:48

Next month will be 3 pence

[megashareman] 29/10/2013 12:41

Buy at the bid

[oiht] 29/10/2013 12:41

I've all but written these off. May yet surprise me but bigger fish to fry in the meantime.

[illuminati1] 25/10/2013 07:51

WHE up 11% in ozHigh volume Buying 4.3 million

[illuminati1] 25/10/2013 07:50

Cantor Fitzgerald, Commodity update, 24th Oct 2013URANIUM SET FOR A VIOLENT MOVE HIGHERSince our last commodity price update, the price of uranium has ground lower from averaging US$40.57/lb in Q2/13 to US$35.87/lb in Q3/13. While this has cast some doubt, we continue to stress that the marginal cost of current production for uranium is US$40/lb and that the minimum incentive price for future supply to match future uranium demand is US$70/lb. The reason why the price is as low as it is now is due to excess uranium inventories stemming from material earmarked for Japan's 50 reactors not being consumed for the last two and a half years. With Japan set to restart some reactors either late this year or early next year (we forecast 10 to restart in 2014 but none this year) this issue will soon resolve itself – especially since there are more reactors under construction, planned, and proposed now (557) than since before Fukushima (541).In fact, we forecast that the price of uranium will make significant and dramatic moves higher when it does correct upwards. Our rationale stems from our supply and demand forecast, which indicates that there will be a large and unavoidable supply deficit beginning in 2020 as global demand outpaces global supply under the current price environment. Given that it takes 7-10 years for a uranium project to move from greenfield discovery to first production, the fact that 2020 is only six years away means that we will already have a deficit no matter what happens to uranium prices and mine development plans

[illuminati1] 24/10/2013 14:32

News leaking? Highest BUYING volume since 20111.3 million delayed BUY showing.Paid at premium.Level 2 4 vs 1

[euclid5] 24/10/2013 13:11

ok thank you for the post

[grahamhacker] 24/10/2013 13:07

Here is the articleMy power company pick for 2012 has to be Wildhorse Energy (WHE.L) +, which I wrote about last January. Then quoted only in Australia at A$0.45, the current price is A$0.17 (ouch!). They got a UK quote in August at 20p, now at 11.5p; it looks ridiculously cheap based on its hard assets irrespective of the massive gas technology potential. Their world-class uranium asset of 77 million pounds in Hungary, with an exploration target of another 70 million pounds, gives a share price of A$0.89, excluding any addition for the gas potential, which should more than double even that value.However, the biggest draw of Wildhorse is underground coal gasification (UCG). Wildhorse has assembled an excellent team of engineers, and UCG is at the tipping point of market recognition. I have bought more and am happy to sit on them since one day the value of this company will be fully appreciated, probably in 2012 since there is likely to be useful newsflow next year.

[grahamhacker] 24/10/2013 13:04

Euclid5 - David Kempton (well respected investor) wrote an article on City Wire in Dec 11, suggesting the uranium element was worth 77m pounds. If you go into City wire you can search & find the article