re: what`s the best play in u ? AGS would have to be the best...

re: what`s the best play in u ? AGS would have to be the best Australian U play.
They have a rich deposit.
Mineralisation is over a very wide area.
They are drilling right now.
Estimates of 50,000-100000 Tonnes at .18% have been mentioned.
When you get holes of 13.5m at 0.44% in a sedimentary deposit that covers 4 square kilometres, its massive!
Its right next door to Beverley Mine.
It will be considered a mine extension so approvals will be minimal.
Plant, equipment, and all expertise are already at Beverley

AGS are in a unique situation.
With their JV with Heathgate, the $100M expansion of Beverley, they will be the first new deposit in Australia to be mined.

Excellent Grades
Excellent JV Partner
Can be part of the Existing Beverley Operation.
Minimal approvals required
Will pass labour party policy
Why invest in a company with questionable grades, in a state that won't allow mining, when you can invest in a Uranium Junior that will almost certainly go in to production in the forseeable future