The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Some news is surely about to break here. Some massive activity going on and very little movement in SP. Expecting an update soon.
http://uk.news.yahoo.com/osborne-signs-nuclear-power-deal-china-055346983.html
Can quickly get to 20p that would be superb - will cover my losses from Aim in the past 2 months at least... With a little left over :)
That is VERY good news indeed. Central Europe imports almost all its energy from Russia and at rising prices. With little shale gas they are clearly looking for alternatives. With our uranium and UCG offers I hope we are well placed to benefit. At the very least they are looking to find 'answers' in the areas we are working. Top Post
I have wild wild dreams and if this is bigger than them I will be very very happy!
able to explain what is happening here??? There 'appears' to be lots of large positions being taken at 2,25p but the share price has barely moved, which is unlike WHE.
Think we have been saying 'this could be the start' for a while here :) Good to see some sizeable bids go in. You can check by doing a dummy buy/sell - to buy is at 2.25p - as i say some good buys, but we need some news to get this rolling again. Proper news this time please.
Are all buys today. Just had a little play and it appears these are all buys at 2.25p. Some tasty buys as well some of them.
Hopefully some of them are buys... but that looks unlikely. Last time we were here we never went lower and we bounced to 4.4p. Would like some news and for that figure to be surpassed. Am I expecting news... Not sure.
Spoke with Matthew earlier in the week. Positive on a deal, hates the fact that people are 'underwater', working on a deal with a multi national is taking far longer than he hoped, but ultimately he has to work around their agenda, legislation pass anytime. It is frustrating but I have been very vocal about this and Matthew fully understands our anxieties. Personally I am not prepared to sell at these levels now matter how annoying it is. IF, and nothing is a certainty in Aim, so if this goes ahead as we hope and uranium rises in value we could be very very wealthy. My £30k is looking beaten up at the moment, but I think given time and some luck it could be a very nice early retirement pot. Very best of luck. P.S - on a side note, think wildhorse would be a good company to work for. Once we do get started I will be applying for a public relations role so that Matthew doesn't have to deal with people like me! Not best use of his time.
Thanks mate, I appreciate share advice as I add them to my watch portfolio, see how they move, do some reading and buy or not after tracking for a while. If you like gold long term you should look to buy some big miners once we hit $1100.
Thanks dude, will check it out. SS - yesterday's price is today's price :)
Best wishes to you also good Sir. This share has zero following at the moment, if this changes we will do very well, but we need some progressive news for that to happen. Closing my eyes on this until the next update. GL.
I am going to hold - BUT I am REALLY P*$$3D off. $5 mill left in the bank and people getting paid $150k bonus' on top of a $300k salary for delivering what? Read last September update, there is no concrete progress. We are $7 million down, a year on and the SP is well down. Finance is needed and you can bet your bottom dollar that we will ultimately pay for this. A positive - all long term investors have held and continue to do so. I may be being very hard, but this is how the market will see this update.
Chairman Statement is no different to the waffle we have been spun historically. In summary; - No agreement with a utility company on UCG - No agreement within Hungarian government for UCG - Need to secure further funding before we can progress - either dilution/ Darwin loan or similar. This would be funny if I wasn't invested.
http://www.asx.com.au/asxpdf/20130930/pdf/42jq8yctpcr72m.pdf
Call and left a message with Matthew last week, no call back as of yet. He may be about to deliver a game changing RNS, but this would need to be of huge significance if I was to stay on board now. Too long, too little and too late. Reading RNS' from 12 months ago and we haven't progressed enough and still have a unenviable cash burn situation.
Patience and confidence are finite, the BOD have not helped us as investors. Not prepared to sell at a loss so will hold until that changes, but as for seeing this through long term, I have seen nothing that enables me to do this.
Evade et al As you will know I have followed this share closely with research and direct communication with staff and Matthew himself. During these conversations Matthew has spoken positively about the company (as you would expect) and expectations for the next x months. While I left these conversations feeling positive and up to date as time has gone by it is clear that the BOD, led by Matthew, have been unable to deliver any tangible progress with either asset, hence why we sit at the current sp. As an investor I want to be confident that we have a competent and able group that delivers what it says it will deliver, can anyone say that this is the case with WHE? Poorly managed expectations, poor timeline of deliverables and very little communication compounded by a dwindling sp hardly builds confidence. With £25k personally invested here and contacts also invested we had hoped to invest long term to see whether WHE could deliver on their objectives of being a leading energy company. I can no longer do that with confidence and with the next rally I will be withdrawing my investment from here. Not how I wished to exit WHE, particularly as I sit 40% down at the minute, but ultimately communication, confidence and competence drives the market and I feel WHE has failed on all three of these. Very best of luck to those who ride this out, to wherever it may go.
I hope WHE deliver - becoming shambolic