$7 billion plus uranium discovery, page-125

$7 billion plus uranium discovery Hi folks

I am going to revisit Ubull's subject line! Based on page 12 of todays presentation; comparison with PDN's Langer Heinrich deposit: over double the mineralisation, and at 15% higher grade, (and it's open in the east & west)

So some simple calculations:

PDN U mineralisation: 1.7m2 @ .035% for 52,470,004 lbs of U3O8 = inground value: $2,712,131,943.00 ($2.7bil)
*****Inground value per share: $6.60

AGS U mineralisation: 4m2 @ .04% for 136,686,564 lbs of U3O8 = inground value: $7,065,217,666.00 ($7.1bil) (AGS share 25%) = 1,766,304,416.55
*****Inground value per share: $7.72

Then AGS has:

* Zero expenses until decision to mine
* Zero sovereign risk
* Low cost mine startup - Beverley operating next door
* Resource open both East & West (PDN open too)
* M1 & M2 plus other great prospects

Plus more ...I am getting too tired & am going to bed ... LOL

cheers