what next: uranium deal near term

Taken from UK boards

UCG was and still is unproven on a large industrial scale and still needs a huge investment to make it commercial whereas Uranium mining has been done before in Hungary.

The production cost were quite low what I can gather. Therefore with all the recent nuclear news from China and Japan it was a wise decision to focus purely on the world class uranium project considering they already have the government as a partner who have their own uranium licence.

The current Ukraine crisis and Europe's push for Energy Independence puts Wildhorse and Hungary in a stronger negotiating position imo. I expect now growing interest by majors from the uranium industry who want to secure their fuel supply within the EU.

Also don't forget that WHE's management includes several men with extensive experience in uranium mining, not least Mark Hohnen, who was also chairman of Kalahari Minerals, a company with interests in the Husab Hills uranium project in Namibia, one of the worlds largest deposit of the ore.

He sold the company to China National for £600 million!!

Then we have uranium guru and deal maker Mr Middlemas as a director, who has founded, developed and engineered the takeover of several uranium explorers including the $1.2 billion!! takeover of Mantra Resources by the Russians. He is also currently director of uranium explorer Berkley resources.
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In Europe, I like Wildhorse Energy as the company could be a strategic supplier of uranium to the EU, which may be very concerned about supply as tensions increase with Russia over Crimea.

If investors are not yet positioned, they should position themselves either through the strategic uranium ETFs or even better, the specific uranium junior miners that are positioned for upside breakouts.

Another angle: In times of war and tension and geopolitical crises, commodities are often a very good hedge against inflationary price rises. We are already seeing outsized gains in the commodity sectors in 2014. The smart money may be already positioned for the black swans we are currently observing.
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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. Government negotiations and strategic partnership discussions are on-going with a further update on this expected in the NEAR TERM."