UCG News

UCG could be a game changer in Europe.

I think it's a Buy, and certainly one to watch.

Red Hot Penny Shares RHPS highlights Wildhorse today with a reiteration of a BUY up to 12p."WILDHORSE ENERGY (WHE): Following a report that has concluded that underground coal gasification can provide Hungary with an opportunity to develop its extensive stranded coal reserves and that “no risks were found that would limit its development”, the Hungarian Parliament is expected to give approval before the end of September. In a move to cement its advantage as a European leader in this nascent field, Wildhorse has acquired a second license in Poland while a due diligence study appears to have cleared the way for development of the separate uranium project. BUY UP TO 12p (Today's close: 3.125p) "

MOU with Eon and one other on UCG for Hungary. New licence in Poland. UCG confirmed low risk for Hungary has caused a rise in the SP. More good news expected.

Interesting Press release With a link to UK energy problem and UCG

The cause was a rise on the ASX when the SP went higher than London Aim

All grist to the mill

I will try to Help you with some charts, at least you can see where is going

Thanks for the charts.

I think the legislation announcement from Hungary will be the next news, if that is positive the MOU should become a partnership and things will move along.

The future Uranium price movement is the unknown, maybe we need a crystal ball or chart on that.

This is teetering on the edge.

awaiting legislation changes

latest on Unraniam prices

Yesterdays share buying continues this morning.

Checkout this updated Article

News is expected on parliament approval for UCG and new nuclear reactors.

must be something about to happen

Largest volume for a couple of years.

Level 2 4 vs 1

Heads up AGM tomorrow.

UCG agreement with Hugarian Gov

Very positive start to the new year. Hungarian Government approves UCG which paves the way for a farm in agreement, we are lead to believe they are talking to more than one party. Already in place is a MOU with Eon, rumour has mentioned Linc Energy.
Uranium price is set to rise.

Broker tip Buy at 1.88p Wildhorse Energy (WHE.L, 1.88p) – Speculative Buy Yesterday, Wildhorse Energy announced that the Hungarian Parliament approved the modification of the mining law, which now includes underground coal gasification (UCG) specific regulations setting out a legal framework for the development of UCG projects in Hungary. These regulations have since been put into legal force as of 1st January 2014. The company is currently undergoing discussions with a third party for partnering in these projects. The stock climbed 15.4% in yesterday’s trade. Beaufort Securities view: The inclusion of UCG within the existing Hungarian mining law as a mining method is likely to benefit Wildhorse’s UCG projects in Hungary. The UCG technology offers multiple economic and environmental benefits and the current update would facilitate Wildhorse in availing them. The prominent coal reserves in Hungary add further prospectivity to the project. Securing of a strategy partner would play a crucial role in the company’s further progress on the UCG projects. We feel that the company possesses a strong near-term upside potential and thus, reiterate a Speculative Buy on the stock.

Shares in Wildhorse Energy are up by 134% on news that the Company has requested a trading halt in its Australian Stock Exchange (ASX) listed shares.

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