Thanks to MF from Lse board
While the share price is NOT reflecting this, WHE is currently situated pretty much centrally within a rapidly changing sector and location.
Presence/ locality/ legislation;
- Occupy a number of stranded coal streams/ Hungary - 80% reliant on imported energy/ Parliament pass UCG legislation
- Occupy Europe's largest Uranium mine/ Hungary - focused on engaging a number of energy strategies of which uranium is one/ Polical/ environmental - Russia committing $14 billion to the area for the development of Nuclear
Changing Environment;
- Likely that UCG will be increasingly recognised as an sound alternative to fracking in C. Europe with the presence of Linc Energy and supporting legislation in Poland.
- Likely that the Asian movement and support of Nuclear energy will cause for a correction in Uranium prices - while larger mines are still operationg, new mines are not economically viable until $60+ per lb is achieved. Projections already suggest a shortage is inevitable by 2017. Supply is still high, however will a fall in production and an increase in demand this will soon meet an inflection point.
The above is either fact OR a well reasoned projection.
As a holder of WHE I hope/ expect us to be positioning ourselves as;
A) Holders of a currently undervalued commodity (Uranium) and leaders of a potentially symbolic change in energy production in Hungary (UCG).
and
B) Well connected within C. Europe and perceived as 'trailblazers' within government and policy.
If the company are effectively able to project the above we 'should' be very wealthy through our early speculation.
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