well, she openend on IPO at about 80cand all the IPOs paid 40c,...

well, she openend on IPO at about 80c

and all the IPOs paid 40c,
so if you owned, where would never never sell,

would think support at 40-80 c.

They say their target by end 2008 is 100 mill lb,
and are presently 67 mill MC.

So, if we fast forward a year, and lets say they get their target of 100 m lb jorc, thats 45,000 t U308, worth say 9 bill, so lets take 10%, and say 900 mill. Lets half that for costs and downside exploration, say NPV 450 mill?
And i assume when people talk NPV, thats a figure which it should reach if they can overcome all hurdles and infrastructure to mine, short of actually producing something. So, in my thinking, thats a value they should acheive over a several year period, prior to actually pressing the on button for the mine.

Let me know if i'm not analysing it correctly, happy to be advised.

Well, thats a roughie, and based on their targets, can they deliver?

I think it's good value at current prices, and did hold up well the last week, just seems to be a few throwing their towels in.

I think it it's just the market fear at the moment, but thats just when you should be buying, when everything seems at it's worst, look at AUGust for example.

I think WHE is due for a major bounce, and i certainly have an opportunistic order in for the towel throwers.
Hopefully it bounces with me on board.

good luck all.

cheers