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Ann: $71.3 million Offer from Quasar for ACE's Four Mile Interest, page-22

  1. Metalduster
    7,846 Posts.
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    02/07/15
    10:26
    Post #: 15567788
    The Reduction process allows for valuation of 15% next cash call.

    ie 15% of Four Mile (approx. 15om lbs in ground) AGS's Share 22.5 mlbs in ground plus Uranium mined to date. imo

    Roughly say 150m- 175m would cover it atm imo

    Md
    Last edited by Metalduster: 02/07/15
    AGS Price at posting: 11.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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