Smartercard, If there was to be a takeover it woulnt just be based on the current spot price. The normal contract price is always much higher. In any case it will be based on what the acquiring party perceives what uranium is going to be worth down the track. So for now maybe it wont happen. Thats fine by me. If it does happen it will need to be a lot higher than 70cents - that sort of offer wont even get past the front door! As for them spending up to 20 million on the cost of setting up the mine ; GOOD, I hope it comes to that!! RIVANDA
AGS Price at posting:
53.5¢ Sentiment: LT Buy Disclosure: Held
