champ, sorry I didn't think my comment was elusive as that matter has been discussed on here before. Basically, AGS is 25% owner of it business the other 75% being owned by Heathgate a private US company owned by General Atomics. General Atomics is run by someone named Blues and they have a past history (there are probably some articles on the web so try a google) of being hard and somewhat unethical negotiators. As it is GA that is effectively 'in control' of the business maybe the price reflects the market's view that AGS will have a tough time with GA. AGS recently brought on board an ex GA person in my view this was to help it deal with GA. My own view is that AGS will do ok as GA is running low on Uranium and needs all the production it can get as soon as it can get it.
AGS Price at posting:
38.7¢ Sentiment: Buy Disclosure: Held
