Quarterly update 1 May, 2014
Wildhorse Energy has signed a binding Heads of Agreement with Linc Energy, which will acquire a 100% interest in its UCG assets for $4.04m worth of Linc shares.
"Additionally we continue to evaluate options to crystallise the inherent value of 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."
Current Market cap only $4.87m
WHE
68m + 90m lbs exploration U308 (Central Europe)
Mkt cap $0.87m (without $4m stake in Linc Energy)
Forte Energy
102m lb U308 (Europe, West Africa,...)
Market cap $9.9m
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