Most undervalued European Uranium stock imo
In comparison:
European Uranium Resources EEU:CN
Joint Venture with Slovak Gov
Uranium indicated resource 28.5 million pound
Partnership with french major AREVA
Market Cap $7.6m
Wildhorse Energy
Joint Venture with Hungarian Gov
Uranium indicated resource 68 million pound
Partnership with ?? (active discussions)
Market cap (Uranium only) $3.7m!!
($7.7m incl $4m stake in Linc Energy)
WHE is way undervalued compared to its European Peers.
Major catalyst is going to be major uranium partnership deal announcement near term. CNNC, AREVA?
The company is well placed to become the key uranium exploration and development company in Europe.
WHE is a good relatively high risk, speculative punt, albeit an intriguing one
at current price level. I will look to pick up more though as potential upside is quite mouthwatering tbh - no opinion for people to buy or sell, just my rational for my own position.
GLA
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