Did I hit a nerve?--$40 million share of development costs for 3750 lbs's, no way This is the only thing to consider-- The main assumptions used in the absence of official numbers included capital expenditure per tonne of capacity of $85 and a spot price of $US113/lb.
One of the hurdles will be the high capital costs of up to $300 million to develop many of the low-grade projects.
do you really think AGS with a 25% interest (until decision to mine) is good value at $2.00??, I don't.
AGS Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
