WHL Energy Limited FPO (WHL-ASX)

[drswag]

WHL Energy Limited (WHN, formerly Wind Hydrogen Limited) is focused on oil and
gas exploration. The Company’s flagship project is its offshore Seychelles
operations

I can not find a thread for these guys so here it is


Big jump over the past week

[Bobcat.]

Yes, I've been holding these a few months waiting for good news re its Ophir Energy farm-in j.v., Seychelles Govt permit approval and cost recovery. After the good news finally came, the sp languished around the 1.0/1.1c level for two or three days before climbing. I got a bit frustrated waiting, and so sold last week after it spiked to 1.8c...which (in hindsight) was a little too early. It looks now like it's got good legs to lift higher through 2c. If however it does drop off a bit first, I will come in again on the dip. I like this company's prospects. See company video here:

http://tinyurl.com/lwx5axu

[drswag]

Financial Update - WHL elects to pay out a trade finance agreement with Bergen Global Opportunity Fund

http://www.asx.com.au/asxpdf/20140506/pdf/42pfzw876926y0.pdf