I think an element of doubt, raised by the previous announcement...

I think an element of doubt, raised by the previous announcement has not been dispelled by this announcement. That is, one of the instruments that was used to determine the high grades announced through last year may have been over estimating the uranium grades.

Hence the the re-assessment that has been going on last month and explains the delay in the JORC.

As a long term holder of several hundred thousand I am as keen as anyone here to see a good JORC and clearly only the JORC will clarify the assett that AGS have.

But the possibility of a less than fantastic announcement is a possibility. Might explain the price drop over the last 2 months - but against that the major share holders are increasing their holdings and these guys aren't stupid.

So - just sit back and enjoy the wait.