AGS' EV:lb valuation:U3O8 = 15000t / 33,069,330lbsAGS' 25% share...

AGS' EV:lb valuation:

U3O8 = 15000t / 33,069,330lbs
AGS' 25% share = 3750t / 8,267,333lbs
Shares on issue = 248,000,000
Curent MC = $483,600,000
Divide MC by 8,267,333lbs & we get

= $58.50

Of course this is purely based on the CURRENT jorc deposit … we all know AGS will upgrade those figures, but until then we have no definitive target to use. Assuming they DOUBLE this jorc in the medium term then the EV/lb halves to $29.25 etc etc

cheers