AGS SP still has heaps in the tank IMO:
On p11/12 of AGS’ latest presentation they make the statement that:
PDN has 1.7km² @ .025% U3O8 (PDN have already announced that the deposit = 52,470,004 lbs of U3O8 or 23,800 tonnes) – inground resource value per share of: $6.10
NOW:
AGS have just announced that they have 4km² @ .03%! Taking into account the extra 2.3km² & 20% higher grade, THEN: Mathematically, AGS has about 143,243,110 lbs of U3O8 or 65,000 tonnes
AGS share of that is 25% = 35,810,777 lbs of U3O8 for a value of $1,851,030,050 with an inground resource value per share of: $8.09
AGS has to be the best/safest U stock on the ASX IMO! It is really looking the goods.
Reagrds to all
Be the first to comment