Ann: Four Mile - ACE Versus Quasar Hearing Completed, page-33

Metal the post from Damo79 (see below), would also be a great way of valuing AGS , Damo79 has already put a value of $37.7mill 9.5 cents per share just based on our inventory value to date ,without even looking at all the production from Four Mile in the years to come, why not use that basis of his calculation to calculate the future value of Four mile .

Damo79 posted “AGS's share of uranium for April-May should be about 90000 lbs”
So just using Damo79 numbers as an example, Annual production would be 540,000 lbs.at US$50/lb at an exchange rate of 0.77, on those calculations AGS annual gross income would be $35.0mill.
All variations welcome.

Damo79 post 15368617
To relieve the boredom while we await some reporting on the trial, let's recap what our uranium stockpile is worth.

As of 31st March, AGS's share of mined uranium was 491000 lbs.

AGS's share of uranium for April-May should be about 90000 lbs (based on the 2015 program, which says about 2.1 million lbs more will be mined from April to December. I divided this into months and assume 20% goes to AGS).
So current share of uranium is about 581000 lbs.

If it's sold at mid-term prices of US$50/lb (seems to fit with what Quasar said about first sales), and at the current exchange rate of 0.77 that means it's worth $37.7 million, which, and gives AGS assets of about 9.5 cents per share.