friday's mover - whe

http://www.proactiveinvestors.co.uk/companies/market_reports/65381/company-snapshot

In the small caps, a notable riser was Wildhorse Energy (LON:WHE), whose shares surged as the company issued a quarterly report.

It revealed it expects Hungarian government approval for its joint venture to restart uranium mining in the short term.
The Mecsek Hills uranium project is one of the largest uranium deposits in Europe and has a total JORC inferred resource of 48.3 million tonnes at 0.072% uranium for 77 million pounds of uranium.

Turning to its underground coal gasification (UCG) project, for which it continues to look for a strategic partner, the firm recently hailed the fact the Hungarian Parliament has given the green light to the modification of the mining law which now includes UCG specific regulations, setting out a legal framework for the development of such projects.