AEX 0.00% 1.1¢ acclaim exploration nl

I've done some calcs to compare ags with aex with regards to...

  1. 78 Posts.
    I've done some calcs to compare ags with aex with regards to their inferred resources assuming they are there.

    Assuming 1 ags share in terms of its inground value is worth over 9 dollars, that's roughly 20 times its current price.

    Assuming 1 aex share in terms of its inground value is worth over 3 dollars (based on 900 hundred million FPO shares including and counting all the options as FPOs), that's roughly 80 times its current price @4 cents(In reality, aexo of course is only @ 2 cents with an exercise price of 5 cents attached).

    So in this sense, AEX is 4 times cheaper than AGS



    I'm a holder so I'm biased.
 
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