Davepan"WHE is targeting a total JORC of 45m pounds - market cap...

Davepan

"WHE is targeting a total JORC of 45m pounds - market cap of $132m - effectively capitalised at $3 per pound?"

Thats correct .... the selling point to me is their current developement drive in terms of mangement. For example: 1] The ISL specialist!!! 2] The Hungarian dude: He is onboard to fastrack Hungary - which is going to BLOW us away as to its size & resource. Tip: Keep watching Hngary!! Then look at the rest!!

"WHE is trading at a substantial discount"
The sums say it all

"What are your thought on the uranium article which appeared in the Eureka Report?"

Treadgold does have some valid points regarding the overabundance of specs that are jumping on board just using the "U" word!. But hey, that happens in any boom market! That hasnt changed any of the supply shortage fundamentals. Even the ALP policy change wont mean we will have new supplies immediately!. It is going to take years for BHP, RIO & PDN to get their Australian deposits mined. Also, dont expect WA to allow U-mining in a hurry, even if the ALP abolish the no-new-mines policy!

One thing though that does get up my nose is that, besides Jim Dines & a few others, hardly any of these big analysts have ever forcast the uranium boom, helped their clients profit from it, or recommended a uranium stock. According to them, there never was going to be a boom, yet they are the first to start writing articles calling the boom over!

At least here we are seeing some recommendations come out of them. He does say to focus on quality .... WISE advice. In this case, WHE is mentioned ...nice to see!!

cheers