I agree while Gold is on a 25yr high and as long as it stays over $500 it's commercially posetive for AGS and lots of other small Gold miners.
What will the spot price of Uranium be at the end of the year?
From 29-Dec-03 $14.50
27-Dec-04 $20.70
26-Dec-05 $36.25
30-Dec-06 $43.00 to $55.00?????
At present AGS has a done deal,they can just sit back until the official JORC estimate is done.
G Atomics & Heathgate are on a 75% winner I dont believe that they will go for a takeover.
Because down the track there will be other J/V opportunities, it goes well to keep a good profile.
At present I dont see any other small Uranium cap with a better deal.
Imagine
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