No Dead-Cat Bounce – A Dead-Serious Warning From Uranium
Rockstone Research, December 4th 2013
http://www.valuewalk.com/2013/12/no-dead-cat-bounce-a-dead-serious-warning-from-uranium-2
Snippets
Overall, I see a very good future for uranium, but we’ve got to use the time to get our act together.“ (Thomas Drolet of Drolet & Associates Energy Services Inc. in a recent interview with The Energy Report)
Of all metals, uranium enjoys the best price outlook, not only in the mid- to long-term but also in the short-term as the latest price breakout demonstrates...
“The planned commercial nuclear expansion in Asia, especially China, is the major growth driver of uranium demand.“
http://www.proactiveinvestors.co.uk/companies/news/48625/-wildhorse-energys-uranium-assets-alone-worth-twice-firms-market-value-says-broker--48625.html
Last year...
The company owns two significant assets in Hungary, pointed out analyst Dominic Nash, who targets a price of 60 pence for the shares.
These are firstly, around 65 million pounds of uranium, in which it is creating a joint venture with the government to commercially exploit.
The second is 185 million tonnes of JORC inferred coal resources, and 1 billion coal exploration expectations, in which it intends to deploy its underground coal gasification (UCG) technology.
"We see the uranium assets alone underpinning a valuation 2 times the current market valuation," said Nash.
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