hi stavrosio,I came up with my 50 cents, by working out how much...

hi stavrosio,

I came up with my 50 cents, by working out how much the value is of the 1.9 million ounces.
1,900,000 x 113 us = $214,700,000 for the project from the resource estimate. Doesnt include any expenses to mine the uranium though.

214,700,000 x 30% = $64,410,000 for gdns 30%

64,410,000 divided by 154,806,394 shares = $0.416 a share us which is $0.49-0.50 cents per share australian.

Thats how i got my price, but would have to be less then that since it doesnt have any costs for the drilling and mining. Its just to give me an idea on how much it adds to gdn for when they are at the producing stage.