jhamann
Ags have hit the jackpot on their Beverley 4 mile project - rough calculations have the uranium find worth 7 to 11 $Billion dollars inground. AGS have a 25% free carried share.
The portion is worth between $1.8 - 2.8 Billion - If you were to compare that to PDN it would value AGS between $2.87 - $3.87.
PDN has other projects, but so does AGS, including the Maldon gold project which will end up with in excess of 1 Million oz of gold
AGS is not as advanced, but Heathgate, their j/v partner, will be moving things very quickly & being in SA, and an extention to the Beverley uranium mine, they will have no issues mining.
Standout best U stock in Australia at the moment.
My other picks are:
SMM
CMR
MTN
AEX
cheers
uranium plays, page-6
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