(fundamentally puzzlingly) there is strong correlation between the AGS share price and the spot uranium price. I'll post a chart if someone can tell me how.
U spot price is currently testing three year lows again, and in the low US$40's is below the marginal cost of production.
Hopefully this will help put a floor under AGS price, notwithstanding that the AGS price slide may continue for some time as Supreme Court issues persist and uncertainty increases.
AGS Price at posting:
53.5¢ Sentiment: LT Buy Disclosure: Held