Pokerface,
Alliance [AGS] with some 250 million shares on issue and selling at $2 after the big share market correction, is priced at $500million for 25% interest in 32 million pounds of U3O8 so far discovered; this means $2 billion for 100% or $A62.50 per pound.
From what THR has shown us, I would expect THR [with 100% ownership] to discover much more U3O8 than this, but if it were only the same, we would have the $5 per share to which I have frequently referred. Have courage old boy, and prepare to share a drink with me . Conix
comparable value for uranium discovery
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