My cynical expectations, page-18

From PDN's website, they have 115.92 m/lb U308 so at $190 million for 25% that's about $6.55/lb in the ground. Using this metric, the absolute MINIMUM AGS is worth if $0.465/share so why on earth are people silly enough to sell at 14-15 cents?? Sure there is uncertainty, but there's always uncertainty in these circumstances.

What we all have to remember is that the 4Mile resource is very likely many, many times bigger that the 100 million pounds currently talked about so potentially worth a hell of a lot more than $0.465

KC