uranium price going up in 2013, page-2

The reasoning behind my expectation of a re-rating is that WHE was only valued at half the value of the Uranium assets in Oct 2012, at that time the Uranium price was hitting its low of just over $40 and the WHE price was valued about 25% below where it is now. Thus a 50% rise in the price of Uranium would make WHE only worth about a third of the value of it's Uranium assets. That won't last long as the brokers will soon tell the market and the market will re-rate the stock.


1st Oct 2012
"We see the uranium assets alone underpinning a valuation 2 times the current market valuation," said Nash.

http://www.proactiveinvestors.co.uk/companies/news/48625/-wildhorse-energys-uranium-assets-alone-worth-twice-firms-market-value-says-broker--48625.html