So from these values how would you determine a maximum possible share price. For instance, from what you are saying it will be a fairly high profit business if everything goes well.
They own 25% of $3.8b = $950m. If they were to mine it over a 5yr period then it would be $190m per year of revenue, and lets say they make 70% profit then it will be $133m of profit each year. As they have no assets then the company value can only be related to this figure?
So using $133m, they have about 145m shares outstanding? in which case a max price per share would be about $0.92.
Is this sort of logic right?
Also, this is assuming uranimum prices will stay at the current high levels.
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