considerably undervalued, page-2

I am a WHE holder, and a long-time fan ... but even the $5p/lb value you mention is way too high!

At this stage of development and considering the nature of the deposit, a conservative figure would be around $1.00 p/lb, and a high figure around $2.50 p/lb. A figure above this is possible, but is cream, and shouldnt be considered in a valuation at this stage - There are many uranium companies companies, some close to development, that are trading at UNDER $1.00 p/lb, excluding other prospects.

I think the X-Factor for WHE is their quality of management, and their European connections, both of which have been the big reasons for the success of MRU & BKY.

It will be interesting to see what direction they take in releasing shareholder value of the uranium assets. Whatever happens, I see WHE just stamped with the word: SUCCESS!! I am not trading it, I hold it long-term in my SMSF.