Wildhorse Eng Share Discussion Threads

[jarbie] 27/5/2014 21:50

Keeping all my four feet firmly on the ground,
are we in a terminal condition with ongoing costs
and no income ? how long can we survive this way ?
I am sorry Illumi, I give you full credit for your
endless support, but the time comes to face the facts.
The BoDs gave away our only real asset - Quo Vadis now ?

[illuminati1] 19/5/2014 19:09

Russian government statementOn Russia and Hungary entering into a cooperation agreement on nuclear and radiation safety with respect to the peaceful use of nuclear energyhttp://government.ru/en/dep_news/1227710 May 2014 08:00The agreement is being prepared at Hungary's initiative in view of its intention to promote cooperation with Russia on operating, upgrading and shutting down blocks 1 through 4 of the Paks Nuclear Power Station, as well as designing, building and launching two new power blocks with Russian reactors at this station.Russia's Federal Service for Supervision of Environment, Technology and Nuclear Management (Rostekhnadzor) submitted a draft directive on holding talks with the Hungarian Atomic Energy Authority in view of entering into a cooperation agreement on regulating nuclear and radiation safety with respect to the peaceful use of nuclear energy (hereinafter referred to as the "Agreement").The directive is aimed at fulfilling the objective of the Development of the Nuclear Power Industry state programme to "enhance the innovative potential of Russian nuclear technology and promote its use."The agreement is being prepared at Hungary's initiative in view of its intention to promote cooperation with Russia on operating, upgrading and shutting down blocks 1 through 4 of the Paks Nuclear Power Station, as well as designing, building and launching two new power blocks with Russian reactors at this station.In light of the lessons learned from the Fukushima Daiichi nuclear disaster in Japan, such areas as regulatory oversight of nuclear power station performance indicators, emergency preparedness and response and training of the regulatory body's staff will be factored into the Agreement.The Agreement also provides for promoting cooperation regarding safety regulations in the peaceful use of nuclear energy in various areas, including devising a regulatory framework, exchanging experience in exercising oversight and control, as well as preparing and conducting inspections.The Agreement is expected to facilitate the emergence of a national nuclear and radiation safety regulatory framework in Hungary.

[oiht] 19/5/2014 16:33

Once they've frittered away the Linc money on paying themselves salaries, they'll be back to ask the market for more. They'll only get it at the cost of massive dilution to the existing shareholders. Great work if you can get it.

[oiht] 13/5/2014 21:43

Gerhart, jasp2, I couldn't agree more!!

[jasp2] 11/5/2014 11:09

This pending sell-off of UCG assets for a mere AUD$4m of Linc shares is very disappointing and would represent a failure in trying to find a strategic partner, and a complete change in strategy for the company. Could they not have negotiated a shared interest, or future milestone payments from the UCG project at least? The amount of time and money spent on preparing for the development of this asset seems to have been a complete waste; they raised £5m alone to initiate a BFS back in 2012. Three of the board members will become redundant.I hope the management are able run a tight ship from here on and achieve something similar with the Uranium asset as they did at Kalahari.

[illuminati1] 02/5/2014 12:15

Beaufort Securities BUYWildhorse Energy (LON:WHE)Yesterday, Wildhorse Energy released its quarterly report for the three months to 31st March 2014. During the period, the company signed a Heads of Agreement with Linc Energy, allowing the latter to acquire a 100% interest in its UCG assets for A$4.04m shares of Linc Energy. Wildhorse Energy's primary asset is the Mecsek Hills UCG Project where the company conducted approximately 1,164m of drilling for a current JORC Inferred resource of 184.5 million tonnes (Mt). Wildhorse Energy is now evaluation all options to interest in the Mecsek Hills Uranium Project in Hungary, which has a current JORC Inferred Resource of 48.3Mt at 0.072% U3O8 for 77 million pounds (Mlbs) of U3O8.Our view: The deal with Linc Energy, which was announced earlier during the year, is obviously a great one. We like Linc's prior experience and expertise in UCG assets and are of the opinion that it may result in a turnaround for the Mecsek Hills Project. We reiterate a Speculative Buy rating on Wildhorse Energy.

[illuminati1] 30/4/2014 16:16

Stockonomist on repeat and you also said Russia is going to invade Hungary. LOLBetter read the Financial TimesSection SMART MONEYBe contrary and boldly back uranium miners. Availability heuristic is depressing prices right now. http://www.ft.com/cms/s/0/6044144e-ceea-11e3-9165-00144feabdc0.html

[stockologist] 30/4/2014 08:35

Uranium price is tanking

[oiht] 30/4/2014 07:19

Ask me then because I'm a BPC holder. You're right, when good news arrives the price will react strongly, in the meantime it's pointless trying to invent it.

[jarbie] 25/4/2014 18:40

Illuminati1 - with due respect
None of it answers my question
why are we testing the bottom
of the share price range just now ?????
there must be a reason for it.

[illuminati1] 25/4/2014 17:51

2014th 01 23 8:50 | source: TF Information | Author: Andrew V. FrancisAfter nuclear agreement approval of uranium and coal mining next?The Paks nuclear power plant between the Hungarian and Russian state-building agreement sparked a major debate in society. More and more people are asking after the done nuclear power plant deal, are uranium and coal mining in resurrection?Hungary's energy management not only because of the overhead combat, but also for future ideas regarding also been the focus of attention. Later the stock market news also reported that, Prime Minister Viktor Orban and Vladimir Putin, the Russian president recently agreed to the Paks nuclear power plant for further development. On this basis, the two russian nuclear 1,200-MW reactors to be built will cost 10 to 12 billion euros (more than three trillion forints). The Moscow investment of approximately 12 billions euro is better than the market rate loan would offer on a 30-year term.Public opinions keresztüzébenAfter a serious public debate triggered a mass of decision statements were published. Including an interesting announcement of the intended main contractor Rosatom Russian corporation. Although the ink barely dry on the contractual agreement between the two countries, the company's executives have already rushed to the declaration of the Rosatom plans to give Hungarian suppliers a proportion of 40% when it starts the planned expansion of the Paks nuclear power plant tenders.It also shows an interesting light on those rumors among others, they are entitled to have an optimistic look at the future fate of Pecs underground natural commodity wealth. Many professionals have long been saying that and restarting uranium mining in the Mecsek area would have serious social benefits. The new jobs created could contribute to society and its surroundings, stop migration of recent years and assist the economic development of the region.No engineering fantasyPaks agreement has also shown that there is absolutely no engineering fantasy, but a very conscious idea started in 2012 on the basis of the Mecsek uranium mining in the twenty-first century options for mapping. The government has decided to possibly relaunch the Mecsek uranium mining, the assessment of the economic and social conditions and the reorganization.The Wildhorse research mapThe Mecsek area mined uranium since the fifties in the last century until the late nineties. According to surveys at least thirty thousand tons of uranium metal lurks at a depth of 1500m. This research shows. Greater research has estimated the unconfirmed resource. The Australian company called Wildhorse Energy did serious research work in the area of exploration opportunities, and lions in relation to uranium mining company against feelings dissipate.Also, the facts are that one and a half years ago, the formation of the Hungarian Uranium Ltd. in Wildhorse municipality and two state-owned company, MVM, and Bátaapáti low and intermediate level radioactive waste disposal program research phase of an underground leader, Mecsekérc Ltd. attendance. Public participation was meager because the resulting collaboration, but it is an indicator. Now, after the announcement of the Paks nuclear power plant development, it seems not at all by accident.

[illuminati1] 25/4/2014 17:45

Uranium Renaissance: Fact or Fiction? Thursday April 24, 2014, 4:15am PDTBy Vivien Diniz - Exclusive to Uranium Investing Newshttp://ow.ly/2FZK78

[oiht] 25/4/2014 16:04

Yeah sorry, meant bull.
Eventually he may be right of course, same as stopped clock is right twice a day, but he couldn't be more wrong so far.

[acta_topup] 25/4/2014 14:13

you mean bull lol

[oiht] 25/4/2014 13:47

Illuminati has been the lone bull for a year now in which time the share price has fallen from 4 to 1p. A true penny share.

[acta_topup] 24/4/2014 17:37

Grades of uranium are particularly poor - see my post 711

[jarbie] 24/4/2014 17:21

Now is the time to discuss and understand the reasons for WHE testing the bottom of its share price range rather than to speculate on the value of the future market for the Uranium worldwide. Concentrate on the problems we have at home and communicate with the company as shareholders - is it finance or grade of Uranium or politics or BoDs or what ? there must be a reason for the current share price valuation - I am a holder and we have the right to know.

[illuminati1] 24/4/2014 10:27

M&A activity in the uranium sector on the rise European Uranium Resources has just been taken over for $8.5m.Wildhorse Energy is holding Europe's largest uranium asset, currently valued at around $2.2m!Recent RNS"WHE retains its interest in the Mecsek Hills Uranium Project in Hungary, which has a current JORC Inferred Resource of 48.3Mt at 0.072% U3O8 for 77Mlbs of U3O8. Strategic partnership discussions are on-going with a further update on this expected in the NEAR TERM."Liberum capital 12/11Wildhorse 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. This uranium asset alone underpins the current share price. (13p)http://www.proactiveinvestors.co.uk/companies/news/48625/-wildhorse-energys-uranium-assets-alone-worth-twice-firms-market-value-says-broker--48625.html

[angus17] 24/4/2014 09:42

Afraid so Bertie. Another one of my gambles about to bite the dust!