AEX 0.00% 1.1¢ acclaim exploration nl

aex and ags drill results......., page-7

  1. 78 Posts.
    I've done some calcs to compare ags with aex with regards to their inferred resources assuming they are there.

    Assuming 1 ags share in terms of its inground value is worth over 9 dollars, that's roughly 20 times its current price.

    Assuming 1 aex share in terms of its inground value is worth over 3 dollars (based on 900 hundred million FPO shares including and counting all the options as FPOs), that's roughly 80 times its current price @4 cents(In reality, aexo of course is only @ 2 cents with an exercise price of 5 cents attached).

    So in this sense, AEX is 4 times cheaper than AGS



    I'm a holder so I'm biased.
 
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