My quick maths works out the following. If EXT is trading at $6.50 and with the current AGS resource plus potential upside and owning only 25% of the project with no takeover attempts etc its worth conservatively $1.63 in todays terms.
I still truely believe ( refer my previous posts ) its worth every bit of $2 adding to that will be the takeover plays, the uranium demand, increase in the spot price, countries like china, india and the french wanting to buy in.
AGS Price at posting:
68.5¢ Sentiment: Buy Disclosure: Held