mbeard, I'd be interested to see how you arrive at $200 mill, or...

mbeard, I'd be interested to see how you arrive at $200 mill, or about 58c per share.
The operating costs are known from AGS's own report and we have an idea of the contract price for uranium. (I don't believe that it is appropriate to use the spot price.)

We also know what the capex will be for this project.

We can guess at the other costs.

However the HUGE imponderable in this is whether there is an value to be attached to the suspicion that the resource may be considerably larger.

The bottom of my valuation range is 70c per share. (I am assuming an offer for the whole company including the $30mill odd cash.)