beaufort securities - speculative buy at 2.6c, page-8

James,

Anything would be better!

Why did you buy WHE? Is not the answer that this company had 2 assets that appeared to be viable.

The UCG was supposedly the flagship with the uranium another string to the bow.

Management have continually stated that they were looking for a strategic partner, there is no partnership here we get $4m in shares(570m on issue)listed on a foreign market.
Linc are crowing the deal is so good for them it saved them 10's of millions.

If you had a block of land worth $1m, all approvals would you sell for $900 worth of Linc shares? That is what management want to do.

Any shareholder that votes for this deal needs brain surgery.

As I have said before, do the deal, no money just a JV where we have the asset and they have the technology, 50/50, 60/40 or whatever.

With no money how is the uranium deal viable especially when you don't own the uranium!

THINK!