AGS could be subject to a takeover at anytime.
As drilling continues and the confidence in the deposit increases the takeover price for AGS will increase.
The longer the majors wait BHP, RIO, Cameco, Cogema.
The higher price they will have to pay.
Cogema in particular have been slow to acquire additional Uranium deposits and leases.
Cogema recently moved its Australian Head Office to Adelaide.
Cogema have a lot of exploration money to spend.
JV's and possible takeovers must be under consideration as Cogema does not have many good leases or deposits to work with.
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