Over 2,000,000 shares traded today and no price movement. Why? I'd say Blues Bro's doing it....
Interesting thoughts all, what NPV/Net Present Value would you put on this if the JV is dissolved and AGS claims back 100% due to Q/H/GA illegal operations?
50,000T min x USD65/A$70/lb (say A$150/kg) = A$7,500M At say 30% for NPV is $2,250M, divide this 350M shares is $6.40/share AGS. That's around what we're talking about if AGS can shake these clowns out of the JV and on sell the deposit to a major miner. And Q want it at 60cent....
50,000T is a arget for Pat Mutz, chances are there's double this that Q are not revealing details on
Just some thoughts on the world's biggest roll front uranium deposit....
Cheers to Mary...
AGS Price at posting:
59.0¢ Sentiment: LT Buy Disclosure: Held
