28th Nov 2011 09:45
28 November 2011
WILDHORSE ENERGY LTD BROADCAST WITH LIBERUM ANALYST |
Wildhorse Energy('WHE' or 'the Company'), the AIM and ASX listed company focussed on developing underground coal gasification ('UCG') and uranium projects in Central Europe, is pleased to provide the opportunity to listen to an audio broadcast with house analyst Dr. Dominic Nash from Liberum Capital Limited in London ('Liberum') in a presentation regarding Wildhorse Energy.
To listen, copy the following details into your web browser: http://www.brr.com.au/event/89674
In the interview, which was recorded on Wednesday 23 November 2011, Dominic discusses:
·; The initiation of coverage by Liberum which gives a target price of 91p
·; The Central European energy dynamic and the role of WHE's project portfolio within this context
·; The WHE value proposition
**ENDS**
For further information please visit www.wildhorse.com.au or contact:
Matt Swinney | Wildhorse Energy Limited | Tel: +44 (0)207 292 9110 |
Daniela Amihood | Grant Thornton UK LLP | Tel: +44 (0)207 383 5100 |
Richard Greenfield | GMP Securities Europe LLP | Tel: +44 (0)207 647 2800 |
Clayton Bush | Liberum Capital Limited | Tel: +44 (0)203 100 2222 |
Susie Geliher | St Brides Media & Finance Ltd | Tel: +44 (0)207 236 1177 |
Further Information on Wildhorse:
Wildhorse Business Model
The WHE business model is focussed upon applying UCG technology to convert coal into syngas and then selling the syngas to power stations as a gas feedstock. The development and expansion of the UCG portfolio is underpinned by a potentially world class uranium project which the Company is advancing with its Hungarian uranium development partners Mecsek-Öko and Mecsekérc, with the support of the Hungarian Government.
Business Strategy
The Company's business strategy is to become a major supplier of gas feedstock to power stations in Central Europe. WHE's project development strategy is based primarily upon acquiring strategic UCG sites in key locations in Central Europe where gas markets are dominated by Russian gas imports, energy security is a major factor for governments and large scale industrial consumers of gas and gas prices are correspondingly high. The expansion is underpinned by the development of the Mecsek Hills Uranium Project.
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