considerably undervalued, page-8

even if Tibbs is correct on the U valuation, the mkt cap is basically covered by using the mid to lower end of Tibb's per pound valuation .... hence you are getting potentially the most valuable asset of WHE for free (UCG)....

this will be a very exciting period for WHE, they have the skills necessary now given recent hires, mgmt are incentivised and have done it before, high margin gas market, alliance with the right co., & super friendly governments given their desire to not be reliant on russian exports ....

i believe once they can deliver on the first deposit, they will be significantly re-rated as their ability to replicate this success throughout eastern europe will be recognised and rewarded ...

WHE still trading for peanuts versus potential, like alot of things on the ASX i guess, however the risk profiles are vastly different