wow guys,,, this WHN announcement came across my desk and I had to take another look... This spec stock really has a bite to it... In all the madness exploration fails in the aussie junior industry WHN has really had a showing and looks to be striking up the processes to roll out 1 perhaps even two exploration wells next year... the right sort of pro activity.... then theres palta 2015 market release... WHNs sister company would be along the lines of FAR... when you stack each up WHN standouts... far is 8 times the market cap>>> I wouldnt count WHN out of the woods by any stretch of the imagination... this looks kind of unreal at 20million cap... remember all WHN need to do is drill one exploration well... this is well worth the sort of pricing it has... FAR is 8 times the cap and still an exploration company like WHN...
Personally I think the news of VIC/P67 is not what this company is about...
The current resource estimates do not fancy an exponential growth company... !!!
and that is the end of that story.....
The fact that WHN secured a 3 million debt and got OPHIR involved really says heaps about the attitude of the company... which exploration staged companies ever get to raise debt>?
Over the many years, other junior asx oilers have stood around, while WHN get it done...
this is a top gamble... OXX gets the deals... and such strong value at only a 20 million dollar company...
lastly, and once again... WHN get chit done... !!!
I want in,,,
QFY Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held
