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rick rule uranium price will soon double, page-2

  1. 856 Posts.
    Last years article sums it up nicely....

    Wildhorse Energy's Uranium assets alone worth twice firm's market value, says broker (5c at the time)
    By Giles Gwinnett October 01 2012

    Wildhorse Energy's uranium assets alone are worth twice the company's market value, says broker Liberum, which rates the shares a 'buy'

    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.

    Multi bagger in the making

    As always DYOR before investing in anything.
    Best wishes
 
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