I suspose you have posted my marathon message to call into question my credibilty. It was an inground value per share based on figures calculated by independent consultants of a JORC compliant infered resource. I have not made any reference to costs and wouldn't try to at this stage. I have not tried to make any share price projections as it would not be appropriate at this stage.
When AGS come out with a resource figure we will be alot closer to doing that. Its not a competition. Some companies are further down the track. Just for comparison, irrelevent as it is, if AGS has a resource ,eventually, of 50,000 tons I would make that arround the $7 a share "asset base" "inground worth" . It is a pretty meaningless figure really without taking costs into account. But at this early stage of resource development people are grasping at ways to value these companies.
AGS Price at posting:
0.0¢ Sentiment: None Disclosure: Held
