SO4 salt lake potash limited

whe - most undervalued european uranium stock

  1. 856 Posts.
    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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