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great forward statement for 2015 and looking to start paying divi next year. Good buy and hold

looks like they're going to make us wait!

The bid is starting to drive this. It's moved from 24p to 30p with little change on offer. Offer now starting to get pushed along as small buys come in. A great medium term stock to be in. Very illiquid so not a day traders stock in any real quantity which should keep em out.

50k + 25k are mine when they appear.

bought myself a few ;-) Pretty easy getting in this morning at 29p MCAP at substantial discount to NAV and results due next week. Screaming buy and hold.

Low cost, low risk, low capital outlay, short pathway to production. Checkout the figures. WHE are sitting on a similar asset. http://www.prnewswire.com/news-releases/circum-proves-up-major-world-class-42b-tonnes-potash-project-in-ethiopia-502740161.html

Hi newmsx, this is a pretty lonely board. Can't complain at the small ticks up if little volume. There has been some substantial buying on ASX over the last week or so, the price rises over there but sometimes takes a couple of days to catch up over here. I'm still a serious holder. It should be an interesting year. I've no plans to sell for 12 months unless there is an overdone spike. The potash project WHE has undertaken may offer short term revenue unlike oil and metal exploring which takes years and £10's of millions of fundraising. WHE still has multibag potential from here.

looks an interesting punt. Very little volume being reported. Perhaps delayed reporting later or shares being bought on different exchange. This is quite a rise over 2 days on very little volume and no BB hype. Something is afoot. Seen this plenty of times before. There will be an RNS next week. I've no idea whether positive or negative but MM's have marked this up to find sellers. They want stock for next bought of volume buying. Technical buy at these levels.

more news on my tip from Tuesday which went up gradually 130% giving everyone plenty of time to get in and out. WHE news us out on ASX Great potash acquisition on favourable terms. Up 83% on ASX last night, this is on top of 35% rise pre suspension. Gives UK equiv price of approx 9.5p plus any AIM hype or momentum. Dual listed stocks sometimes slow off the mark (like this stock was on Tues before rising 130%) so may be a chance to get in.

up 34% on ASX then trading half pending announcement on acquisition. Small £3m mcap with £2m in cash for acquisition. Directors put over £1m of their own money into funding a few weeks ago. SP at all time low and mcap has been 30 multiples of today's lows. Shares tightley held.

newmsx, I can understand your frustration, I've been there before watching my investment turn into a fraction of what I put in through poor investing strategy. AIM companies can dramatically go down in value as quick as they go up taking out all who decided to sail with her if they didn't bail. What I then look for if I want to try to make big money is a company at Rock bottom, which has stripped itself of the reason for its demise, funds raised and new strategy in place, which is where WHE is. It may take a few months for the dust to settle but there is only one way to go from these levels. I managed it twice in 2013 with SOLG and REM and last year with OEX and WRN This year I have TSTR, TEA, HNR and WHE any one of which could multi bag although I think TSTR is probably the least likely.

I agree, the silence from bod is painful sometimes but I'm going with no news is good news for now. Nobody seems to be selling and the sp actually ticked up today on no volume to speak of. WHE fully funded and raring to go.

WHE up 16% in Oz on just a few purchases. Is first investment/acquisition about to be announced?

newmsx, I can understand your frustration, I've been there before watching my investment turn into a fraction of what I put in through poor investing strategy. AIM companies can dramatically go down in value as quick as they go up taking out all who decided to sail with her if they didn't bail. What I then look for if I want to try to make big money is a company at Rock bottom, which has stripped itself of the reason for its demise, funds raised and new strategy in place, which is where WHE is. It may take a few months for the dust to settle but there is only one way to go from these levels. I managed it twice in 2013 with SOLG and REM and last year with OEX and WRN This year I have TSTR, TEA, HNR and WHE any one of which could multi bag although I think TSTR is probably the least likely.

I have been loading up for a while. It takes patience and to stick to your price to get any quantity of these. I've managed to get 666,000 of these. Market cap of just £2m with £2m in the bank, no debt, slow cash burn. The right announcement will have this flying to the top of the toplists because it's impossible to buy shares in a quiet day, let alone a day when they are in demand. A large proportion of this £2m is already earmarked for a substantial project. Imo Directors wouldn't have pumped $1.3m of their own money and the remaining issue of shares wouldn't have been snapped up if there wasn't something up their sleeves. This has got multibagger written all over it between now and the summer, just takes a bit of brave speculation to be in it before the news drops.

positve statements in the interim financial report. Losses and cash burn down to an absolute minimum. The directors purchased $1.5m of the shortfall shares and the other unallocated 28m shares are nearly sold too. Within the next few weeks they will be sitting on a healthy $3.6m in cash. No debt to service, operational cost currently at nearly zero. This board do have a track record of disappointing over the last couple of years but they also have a track record of landing pretty good licences. $3m would buy into some pretty interesting projects. And with an mcap of just £1.8m, there's a massive upside. WHE was a £20m company not long ago and £90m a couple of years before that.

Hi newmsx, you seem to think the directors don't plan on creating shareholder value with the newly acquired funds, a considerable amount of which is out of their own pockets. It's an expensive way to pay yourself a wage by putting the money into the company yourself. Surely they are hoping the £2m will buy into a project to put WHE back on an upward trajectory. From these lows and just a £0.4m macap it's priced to go bust. Any positve news on its projects or a new one could see a £5m,£10m or £15m macap without trying very hard looking at its peers. This represents an increase from current levels of 10,20 or 30 times the current SP Not impossible from these levels. Looking at how keen the directors were to buy up shares not taken up in the new issue, I'd say they have plans for that money which will have a dramatic impact on their shares. Like I've said, £0.4m mcap. Not much room to got lower (bust is all that's left down there) but a massive upside with the right project. Get in early while they're cheap, very small free float, once news breaks it will be difficult to buy in quantity, this is why the directors took the issue shares, there's no way they could have bought them in the market. Not enough available.

Only one left on offer at 3.5p next offer 4p Not too fussed on the daily movements. Im in for the medium term waiting on news from U.S. Hungary or possible diversification into another licence. Such a tiny market cap with massive prospects with current licence in U.S. and £2m in the bank to buy into additional opportunities. Currently a very low cash burn and no debt. Will try not to watch this share for a bit and come back to it in a few months.

Im already holding over 3% of WHE on its existing shares in issue. This will be diluted when new shares are issued but run out of cash for a couple of months otherwise I would have topped up further. It took a while to build up my holding as not many free issue but by the summer we will have new projects under our belt and hopefully a share price to reflect the turnaround.

..... that is the question. Until WHE appears on PI's radars, no matter how good the upcoming news, it will take a real belter of an RNS to put a ticket up WHE. So how do you recommend a bit of research to your peers without looking like you are ramping across other boards.