grigor comments in afr on august 16, page-2

If AGS has a 25% share of 15,000 tns U308 and is capitalised at $344 million, you can understand why Warwick Grigor says AEX looks rediculously cheap.

If even a portion of the DD resource of 11,000 tns U308 + 2.5 million Oz Gold can be proven, what value would AEX be capitalised at? Remember AEX holds 100% of their project!

With 22,500,000 MLX shares, $2 million in cash, $20 million capitalisation gives no credit to DD or the potential of the Guinea aquisitions.

Here's hoping next week will give us the positive news we've been waiting for!