minelife report

Here is the link to the latest Minelife report which is on the WHN website.

http://www.whlenergy.com.au/Portals/0/presentations/Minelife%2002Nov11%20Issue%2046.pdf

There is a lot of reinforcing commentary but there are 2 pieces of information which I particularly like.

1. The report comment that "The company has since initiated formal farm-out negotiations and from all accounts industry interest has been overwhelming". That tells me that it is not only the company that is saying it has a high level of interest.

2.With respect to the new aquisition, "The deal is a major game-changer for WHL, as it provides the company and investors with near-term exploration sizzle via a large exposure to a high-impact oil and gas exploration well that will be drilled by industry heavyweight, Shell". This in itself seems like a good reason to buy WHN and reinforces how strong the management team is.

All good from my perspective.