market cap and value, page-7

Hi Seneca,

I also believe that the BB will take AGS out well before they go into production.

A 25% interest would be extremely easy for them to go for IMO and it would get the management of AGS off their backs.

A market cap of at least 750 million as a takeover value should be the minimum that I would envisage with the resource that they will have at that stage over the coming months.

I don't think any value is being given for the Maldon project at the moment either and that holds substantial value.

If AGS gets to production they would have a minimum P/E of 16 so that would give it a minimum price of $2 IMO.

The price of Uranium like all other commodities will start to rise soon as well.