everything you need to know , page-18

SP3

Well done on elaborating your reasoning for your initial post that was moderated.

Moderators well done for accepting that and allowing a poster to explain the 'why' of their position or reasoning.

SP3 I disagree btw with your calls on Urans successes over the next few years and the share price.

Re Novok your 30% estimate..although a guess is perhaps near the mark.

An important point to add to that though for further analysis and consideration.

Lets say Uran secure 25% of Novok, or in effect the same interest AGS have in their interest (albeit AGS have a free carried interest)
Well?
Whats that worth eh?

2010 is the time the AGS mine is slated as being ready.

Well NOVOK should be online well within that timeframe.

I'd suggest comparatively Uran with a 20-30% interest in Novok..in what appears a much bigger operation, somewhat more valuable.

Is that a fair comment in a general sense?

If so, Uran at a similar 350 million MC to AGS would be hovering around $3+ fully diluted ...or thereabouts.

This would not take into consideration other Ukraine projects or any other development or acquisition in Czech or anywhere else.

Getting the picture?

Of course Novok IS NOT A CERAINTY.

If it is and the above % range is correct we will be happy chappies..and lassies :)))