The Reduction process allows for valuation of 15% next cash call.
ie 15% of Four Mile (approx. 15om lbs in ground) AGS's Share 22.5 mlbs in ground plus Uranium mined to date. imo
Roughly say 150m- 175m would cover it atm imo
Md
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- Ann: $71.3 million Offer from Quasar for ACE's Four Mile Interest
Ann: $71.3 million Offer from Quasar for ACE's Four Mile Interest, page-22
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