Wildhorse Eng Share Discussion Threads

[illuminati1] 11/1/2014 13:40

"16 Japanese reactors have applied for restarts; we anticipate ~6 units online by year-end" - David Sadowski, Raymond James #Uranium

[illuminati1] 10/1/2014 12:19

Our savvy Mark Hohnen knows what to do. He sold Uranium miner Kalahari to the Chinese.We will sell when the time is right...Uranium The Investment Opportunity Of A Lifetimehttp://australianuraniuminvesting.blogspot.com.au/2013/12/uranium-investment-opportunity-of.htmlMulti bagger in the making

[oiht] 10/1/2014 11:11

We've been regularly re-assured, over the last couple of years, how the uranium assets will underpin the SP, meanwhile WHE proceeded to lose 90% of it's value. So the undeniable fact is that the uranium assets have done no such thing. Fact.

I have a great idea to put to the BoD. Sell the uranium assets for £77m, keep £10m (no need to borrow £3m @ 10%) for the progression of the UCG project and distribute the balance of £67m amoung we shareholders.

All those in favour say "aye"!

[illuminati1] 10/1/2014 08:05

Broker comment some time ago.."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 ~ 48p, excluding any addition for the gas potential, which should more than double even that value."

[illuminati1] 10/1/2014 04:07

Essential reading for new investors

Financial times, David Stevenson, End of Jan 2013

David has apparently an uncanny knack of picking the right sectors at the wrong time, usually too early and now could be a good time to jump in here.

5.5p at the time

Eastern Europe is much more promising terrain and I’m currently researching a few ideas here, but I’ve decided to buy into an alternative, truly unconventional energy source: underground coal gasification.

My chosen vehicle for this theme is Wildhorse Energy, which is listed on both the UK and Australian exchanges with the ticker WHE. Wildhorse has the enthusiastic co-operation of the Hungarian government, plus a series of licences throughout eastern Europe (especially Poland). Its directors are also in advanced discussions with local utilities which should bring a deal within the next 12 to 18 months.

Wildhorse is focusing on using synthetic gas from coal seams in eastern Europe for two simple reasons – the first is that there’s lots of it, and there’s a huge demand for alternatives to the dominant Russian supply of natural gas, and the many political complications it brings.
At the moment this a pure development project and it’ll need a lot of capital expenditure to get the project actually producing. That means either a big and dilutive fundraising or some kind of trade deal. Both options mean that Wildhorse is a risky play, like any other explorer or early-stage mining developer.

But it has one or two aces up its sleeve. The market opportunity huge, and the company has a superb South African technical team which is busy doing deals with those local utilities. I also like the look of the executive management team, which was also behind uranium investment vehicle Kalahari Minerals, sold to the Chinese last year. Its investor base also includes some very smart resource focused institutional investors.

My sense is that the markets will start to wake up to unconventional energy in Europe but soon realise that coal gasification is probably the only reliable way to go. That’ll prompt investor interest in Wildhorse, which will hopefully have supply contracts in place by then.

The share price is also underpinned by Wildhorse’s other big assets, which include a big uranium deposit in Hungary it has the right to develop. This neatly hooks into my other big long-term bet, which is that we need nuclear energy whether we like it or not. My preferred nuclear play is UK-listed uranium fund Geiger counter.

By my sums, if you buy Wildhorse you effectively get the uranium asset for free, which seems like a fairly good value play given that I think we’re all about to go mad about unconventional energy.

[phsycho] 09/1/2014 20:10

Wildhorse Energy quarterly report 31st Jan.

[vitamal] 08/1/2014 20:47

Not a great clamour for shares today. One sale for about 75 quid!

[illuminati1] 08/1/2014 07:14

Up +7.1% in oz. Only 32.000 traded.MMs are running out of shares.Major re-rate coming.

[illuminati1] 07/1/2014 12:38

Still sub 2p

[illuminati1] 06/1/2014 21:10

Taken from lse board, mortgagefreeI believe the short term news will be largely around UCG and this will be our initial traction in share price rise - government announcement this quarter and partnership.Short term (12 months) I can only see us benefitting on a buyout for our uranium assets from a Chinese or Russian company looking to acquire uranium cheaply. My average is 3.3 at the moment, I am however holding a very large amount so always paid over the ask. Over the next 12 months I would be surprised if I don't get the opportunity to sell out at last years high of 7p. It all depends on this partnership, when and under what agreement.Uranium carries an 'in the ground value' ofPre feasibility - $2.53 uptoProducer- $6.87These figures are from 2011 when uranium was higher, however, serve as a broad brush indicator of what our uranium assets are worth now - in situ.My play here is the UCG, as I see this having ramifications across Central Europe. With the Ukraine agreeing a deal on discounted energy with Russia, this will surely polarise the issue to other energy reliant countries......Looking at other Uranium miners though it is clear to see almost all have been decimated. At least we have a relatively secure play in Europe, rather than Africa/ South America.

[nick] 06/1/2014 20:45

I sold out today but for some reason did not see my trade in ADVFN. I got spooked looking at the chart, the apparent shortage of cash and the non-news.

[comet5d] 06/1/2014 14:35

Might be tempted if it falls further

[comet5d] 06/1/2014 14:34

1.75p to buy at full ask

[illuminati1] 06/1/2014 07:41

Ha ha indeed.Lots of talk in the local media about wildhorse energy leading the clean coal sector, coal based power plant, japan getting involved and uranium mine to be re-opened.DYOR

[bertie bee2] 06/1/2014 06:55

illuminati. Don't you just love Google Translate?

[illuminati1] 06/1/2014 06:16

CANTOR FITZGERALD, January 3 2014COMMODITY PRICE UPDATE2014 may be a tough year for gold as uranium steps into the spotlight URANIUM: ON YOUR MARKS, GET SET...We have long pointed to 2014 as the kick off year for uranium prices to return and for the commodity to retake its position in the spotlight. While uranium equitieshave shown some strength over the last quarter of 2013, we believe there is significant upside remaining as the spot price of US$34.50/lb is below the current marginal cost of production of US$40/lb and significantly below the minimum incentive price for future supply to match future uranium demand (US$70/lb). While uranium prices are currently low due to excess uranium inventories stemming from material earmarked for Japan's 50 reactors not being consumed over the last three years, we believe prices are set for a violent move higher as Japan is set to restart some reactors this year (we forecast 12 to restart in 2014).Moreover, despite the negative headlines of anti-uranium sentiment we continue to highlight that there are more reactors under construction, planned, and proposed now (556) than since before Fukushima (541) (exhibit 1).Due to our detailed supply and demand forecast (exhibit 2), we forecast a significant and dramatic move in the price of uranium in the near term as the price corrects from below the marginal cost of production (exhibit 3). We see a supply deficit in two of the next five years followed by a large and unavoidable deficit beginning in 2019 as global demand outpaces global supply under the current price environment.http://m.theglobeandmail.com/globe-investor/investment-ideas/research-reports/article16185622.ece/BINARY/20140103Commodity%20Price%20Update%20For%20Globe%20and%20Mail.pdf

[illuminati1] 06/1/2014 06:14

Taken from a Hungarian site, translated via google...Thinking about all this, there is the reality of Pécs uranium mine re-opening? Now, more and more evidence to suggest that it does. The Wildhorse several billion forints spent the last seven years of test drilling and 23 employees, as well as companies with a number of subcontractors has become a leader in the solid mineral research in Hungary.It seems like the government to support the Wildhorse intentions. This will directly because I never said the current political leadership, but the fact that last year the government has been decided: you need to consider the terms of the Baranja kitermelhetoségének uranium. Wildhorse last year founded the Hungarian Uranium Ltd., and in the company are included - two state companies, the Hungarian Power Companies and the Environment in Mecsekérc Inc. The Wildhorse 97 percent right owned. development of a uranium mine opening project came into being. Stephen Benkovics, the 57-year-old Wildhorse Ltd., Managing Director of qualified mining engineer working in the uranium mines at 18 years after the closure of the directed remediation, and in 2012 was the Pécs Ltd..Looks like the government is supporting both projects UCG and Uranium.GLA

[illuminati1] 03/1/2014 08:30

Still 1.95 to buy in volume

[granitetim] 03/1/2014 08:28

I thought they may have offered a better buying op!

[illuminati1] 03/1/2014 08:05

UCG being backed by billionaires and governments, looking goodMr Abramovich bought into Linc Energy because of the UCG potential.Coalition backs coal-based energy revolution, "UCG exciting potential" 14 Dec 2013, The Telegraphhttp://www.telegraph.co.uk/finance/newsbysector/energy/10518369/Coalition-backs-coal-based-energy-revolution.htmlExciting times ahead

[illuminati1] 03/1/2014 07:50

Global Uranium Shortage Spurs New Exploration
Bill Foote - January 2, 2014

hxxp://m.fool.com/investing/general/2014/01/02/what-profits-yellow-

[granitetim] 03/1/2014 07:43

Lets not forget the Uranium ;)
The dual listing deems it necessary to make the announcement. However they were not obliged to make an announcement when it was walked down on no volume ;)

No movement on asx overnight.

[stockologist] 03/1/2014 07:32

Seems quite obvious to me that any deal will be negative for WHE as they are not in a strong negotiating position.

Linc if they are the other party have their own problems and they aren't a charity so no reason for them to do any deal which will favour WHE shareholders over their own.

UCG licences are ten a penny they can always go elesewhere. WHE have no real alternative.

If the deal being discussed prices Linc participation at 0.5p for instance it would be irresponsible of WHE to let shareholders get carried away and buy the stock at 2p

[grahamhacker] 03/1/2014 07:10

The rns will show how many pi's were taking a short term punt!